Signature HealthCARE to partner with NFCH

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

Brown said the potential of NFCH and WRNC working together to improve lives, especially in elder care, will be greatly enhanced with the merger. “There are models of elder care that can only be done in a rural setting, and Signature is a trendsetter in the industry,” he said. “This is really exciting for both of us.”

Schlenker said after he turns over his stock to Signature on Dec. 15, that doesn’t mean he will be going anywhere. “I will stay on as CEO and president for another year, then I will move to hospital governance and advisory boards for another three years,”

 The change will be absolutely transparent and does not involve the leases, Schlenker said. Employee benefits will not be affected as the hospital is not being sold. NFHI which holds the leases will continue to exist as an active Florida corporation.

“The new partnership between NFCH and Signature HealthCARE will allow the hospital to continue its reputation for excellence under new management and allow me to retire in a year,” Schlenker told the county commissioners.

The best part, Schlenker said, is that after retirement as CEO/president, he will be able to continue to associate as a board member with the organization, community and associates he has grown to respect and love.

“I’m 71 years old and I will be closer to 73 by the time the first year ends. I can’t do this forever,” he said. “It will also give me a chance to wean myself,” Schlenker said. “I care about the staff and the doctors here, I don’t think I could just leave all at once.”

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