Library

| Daily Briefing

Around the nation: Adventist Health System is now AdventHealth


The health system said the name change is part of an effort to rebrand as "a more consumer-centric, connected, and identifiable national system of care," in today's bite-sized hospital and health industry news from Florida, Illinois, South Dakota, and Wisconsin.

  • Florida: Adventist Health System this week changed its name to AdventHealth as part of an effort to rebrand as "a more consumer-centric, connected, and identifiable national system of care." The health system encompasses 50 hospitals and more than 1,200 health care venues and serves more than five million patients in 10 states each year (Commins, HealthLeaders Media, 1/2).
  • Illinois/Wisconsin: Advocate Aurora Health on Wednesday announced that it will power all of its facilities with only renewable electricity by 2030 in an effort to reduce its carbon dioxide emissions by more than 392,000 metric tons. The health system said it already has reached up to 10% of its goal, and will research on-site renewable energy production in order to completely rely on renewable energy by 2030 (Johnson, Modern Healthcare, 1/2).
  • South Dakota: Senior care nonprofit Evangelical Lutheran Good Samaritan Society and health insurer Sanford Health on Wednesday announced that their merger is complete. The merged organization has 300 clinics, 200 senior care locations, and 45 hospitals across 26 states and nine countries (AP/Sacramento Bee, 1/2).

Get the cheat sheet for hospital partnership and affiliation models

The field guide to hospital partnership and affiliation models

Behind the flurry of M&A in recent years, a deeper trend of hospital integration is underway: the emergence of alternative partnerships that secure many of the same benefits of M&A without the financial and legal commitment: Clinical affiliation, regional collaborative, accountable care organization, and clinically integrated network.

This guide defines these types of partnerships and offers benefits, drawbacks, and examples of organizations in each.

Download Now


SPONSORED BY

INTENDED AUDIENCE

AFTER YOU READ THIS

AUTHORS

TOPICS

Don't miss out on the latest Advisory Board insights

Create your free account to access 2 resources each month, including the latest research and webinars.

Want access without creating an account?

   

You have 2 free members-only resources remaining this month remaining this month.

1 free members-only resources remaining this month

1 free members-only resources remaining this month

You've reached your limit of free monthly insights

Become a member to access all of Advisory Board's resources, events, and experts

Never miss out on the latest innovative health care content tailored to you.

Benefits include:

Unlimited access to research and resources
Member-only access to events and trainings
Expert-led consultation and facilitation
The latest content delivered to your inbox

You've reached your limit of free monthly insights

Become a member to access all of Advisory Board's resources, events, and experts

Never miss out on the latest innovative health care content tailored to you.

Benefits include:

Unlimited access to research and resources
Member-only access to events and trainings
Expert-led consultation and facilitation
The latest content delivered to your inbox
AB
Thank you! Your updates have been made successfully.
Oh no! There was a problem with your request.
Error in form submission. Please try again.