Saint Josephâ€™s Health System and Piedmont Healthcare today announced a decision to discontinue conversations to form a joint operating company. Citing differing perspectives, the two healthcare systems agreed to formally end discussions.
â€œAfter earnest discussions over the past 90 days, we found that while we shared the same standard for the highest level of patient care, we hold different views on how a partnership might best be structured,â€ said R. Timothy Stack, president and CEO of Piedmont Healthcare. â€œLike Saint Josephâ€™s, we are navigating this complex and challenging healthcare landscape with the goal of creating an even better and more innovative clinical care delivery model.Â We continue to hold Saint Josephâ€™s in the highest regard and wish its leadership much success as they explore future opportunities.â€
â€œWhile we have both served the Atlanta area for more than a century, after reviewing all the options and what was best for our patients and community, we agreed that a joint venture between our healthcare systems would not be mutually beneficial,â€ says Kirk G. Wilson, president and CEO of Saint Josephâ€™s Health System. â€œSaint Josephâ€™s will take the necessary time to chart the best course moving forward to continue providing compassionate, quality care.â€