Halifax Regional Medical Center is extending its management agreement with Adept Health, formerly known as Novant Health Shared Services, a subsidiary of Novant Health.
The medical center’s board approved the 10-year extension.
"With this agreement, we will continue to partner with Adept Health, allowing us to thrive in a challenging healthcare environment, balancing improved patient care and affordability of care," said Thomas Lynch, chairman of the board of directors at HRMC.
Adept Health and Halifax Regional Medical Center entered into their original management agreement in March 2014.
Under the partnership, Adept Health provides day-to-day expertise in a number of areas such as patient quality and safety; strategic planning; clinical engineering; regulatory and accreditation; operational efficiencies and service line development.
The partnership has had a positive impact on Halifax Regional Medical Center.
Due to the trend of better financial operating performance, Fitch Ratings upgraded Halifax Regional’s bond ratings in August 2015 followed by Moody’s Investor Service revising Halifax Regional’s outlook to positive in October 2015.
In September 2015 Halifax Regional Medical Center opened its 2,800-square-foot Cardiac Catheterization Lab adding percutaneous coronary intervention services to better diagnose and treat cardiovascular illnesses.
Patient safety has also improved during the tenure of the partnership with Adept Health.
Most recently, Halifax Regional Medical Center’s Spring 2017 Leapfrog Hospital Safety Grade was upgraded to a “B”.
"With our Cardiac and Vascular Center, Birthing Center and the variety of other medical and surgical services we provide, we realize that each visit and every procedure is not just about the state-of-the-art medical care we offer – it’s about caring," said Dr. Joey Thomas, Chief of staff at Halifax Regional Medical Center.
Adept Health focuses on partnerships with healthcare organizations to provide shared services and other management collaborations.
Adept Health’s goal is to assist hospitals and the communities they serve through a wide range of partnership possibilities that preserve local market ownership and autonomy while helping address partner needs across a continuum of offerings to deliver best-in-class services.
In 2011, Novant Health Shared Services was created as a wholly owned subsidiary of Novant Health. In 2016, Novant Health Shared Services rebranded as Adept Health. Adept Health remains a wholly owned subsidiary of Novant Health, while continuing to develop services available to its partners across the country.