Signature HealthCARE to partner with NFCH

Published: Wednesday, November 21, 2012 at 07:32 AM.

 “With all the changes coming, it became evident that we would need a bigger organization to bundle with,” he said. Bundling with a larger organization will make the reimbursement process more efficient.

Partnering with a larger system will also help the hospital meet its growing need for cost containment, Schlenker said. “If NFCH is going to continue to thrive in the coming years, I am convinced it needs the economies of scale that a larger organization can provide,” he wrote in a letter to the Washington County Board of County Commissioners, from whom NFHI leased the hospital back in 2004.

Signature HealthCARE is a leading provider of long-term care services in the Eastern and Southeastern United States, operating 73 communities in seven states with more than 12,000 employees, according to the company’s website.

“Additionally, Signature and its affiliated organizations own and/or manage more than 20 Critical Access Hospitals in the eastern United States,” Schlenker said. “In addition to everything else, Signature’s local facilities will be a tremendous source for referrals to the hospital and our physicians. I am convinced this will take NFCH to the next level in volume and quality of services provided.”

Signature HealthCARE re-located its corporate offices from Palm Beach Gardens, to Louisville, Ky., in 2010. Signature is growing rapidly, acquiring new facilities and developing innovations and businesses to better serve the aging population.

Besides WRNC, Signature has 24 facilities in Florida, according to its website, with three of those being local — Defuniak Springs, Marianna and Graceville.

 



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