Dayton Heart Hospital Acquired
03/24/2008 10:31:01
DAYTON, Ohio -- Good Samaritan Hospital of Dayton announces that it will acquire the assets of Dayton Heart Hospital for $55 million. Good Samaritan will begin responsibility for operations at the current site as of May 17, 2008.
"Our goal is to deliver the best possible patient care, and there will be no disruption of service," emphasized James R. Pancoast, president and chief executive officer of Good Samaritan. "Two outstanding heart programs are coming together, and we will incorporate best practices from both." Dr. David Joffe, medical director of Dayton Heart Hospital, added, "Patients who have trusted Dayton Heart Hospital can be confident that the same great care will now be provided by the combined strength of two great facilities. We are very proud of our patient-focused care model and all that we have accomplished. Going forward, we will be in a stronger position to serve the needs of our patients by integrating into an acute care setting at Good Samaritan Hospital."
Mary Garman, Dayton Heart Hospital's chief operating officer and vice president of clinical services, will become a vice president of hospital operations at Good Samaritan Hospital and chief operating officer of the new heart and vascular facility on its campus, responsible for overseeing the integration and future operations of the combined program.
Dayton Heart Hospital's nearly 350 employees will become Good Samaritan employees and will be offered their current jobs. Pancoast said Good Samaritan will also invest $5 million to establish the Dayton Heart Institute, a not-for-profit organization dedicated to cardiac education and prevention programs for physicians and the public. Joffe will serve as director of the Institute.
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