The two well-known medical names say the collaboration is aimed at improving the quality of care while lowering costs at community hospitals across the nation.
The Wall Street Journal: Cleveland Clinic, Hospital Operator Forge Alliance
The Cleveland Clinic is forging an alliance with the big for-profit hospital operator Community Health Systems Inc., in a sign of how prestigious medical centers are leveraging their brands to extend their reach into untapped local markets. The new tie-up, which will involve quality-improvement efforts and other areas, comes as top medical names are creating more affiliations with health-care providers around the country (Mathews, 3/11).
Modern Healthcare: CHS, Cleveland Clinic Join Forces For 'Quality Alliance'
One of the nation's leading academic medical centers and the second-largest for-profit hospital chain by revenue announced a far-reaching collaboration Monday aimed at improving the quality of care while lowering costs at community hospitals across the U.S. The Cleveland Clinic, world-renowned for its cardiovascular care, will lend its expertise to the more than 130 hospitals in 29 states run by Community Health Systems, which is headquartered in Franklin, Tenn. CHS will gain access to a "quality alliance" already in place at the Cleveland Clinic that can electronically capture, report and compare data about patient outcomes; come up with predictive models for improving patient outcomes; and share those best practices across the CHS system (Lee, 3/11).