Cleveland Clinic and Community Health Systems Form Strategic Alliance
Collaboration between Leading Healthcare Providers Focuses on Clinical
Quality, Access and Affordable Care
CLEVELAND and FRANKLIN, Tenn., March 11, 2013
CLEVELAND and FRANKLIN, Tenn., March 11, 2013 /PRNewswire/ --Community Health
Systems (NYSE: CYH) and Cleveland Clinic have formed a strategic alliance to
enhance the quality of patient care, improve access to healthcare services,
reduce costs and drive operational excellence.
In this period of dynamic change in healthcare, Cleveland Clinic and Community
Health Systems recognize that collaboration is essential to developing
innovative solutions that address today's complex challenges and unique
opportunities. Working together, Community Health Systems and Cleveland Clinic
will draw on each other's extensive resources and expertise, maximizing
strengthsin areas such as clinical services, physician alignment and
integration, supply chain processes and other aspects of hospital operations.
The two organizations will remain independent entities.
With this groundbreaking alliance, both organizations are committed to the
values and close collaboration that will drive enhanced quality of care to
patients and improve upon the delivery of healthcare services across the
communities they serve. With unique cultures, both Cleveland Clinic and
Community Health Systems share a vision of healthcare's future that will help
achieve the objectives of each organization.
"As we face an unprecedented transformation in healthcare, we need to adapt
and embrace change. Thisnew relationshipis reflective of Cleveland Clinic's
culture of collaboration and desire to exchange knowledge," said Toby M.
Cosgrove, M.D., Chief Executive Officer and President of Cleveland Clinic. "As
healthcare reform moves forward, we remain focused and committed to providing
the highest quality, value and efficiency of care to patients locally and
nationally. Our collaboration with Community Health Systems advances these
Cleveland Clinic and Community Health Systems come to the new alliance with
strong records of success. Cleveland Clinic has focused on developing a model
of healthcare for the 21st century that reduces costs anddrives quality to
provide the best healthcare value. Community Health Systems has demonstrated
its ability to facilitate positive change in the way healthcare is delivered.
By applying standardized, sustainable processes, the company has improved
operations at the many hospitals that have been acquired over the years and is
also able to continuously drive advancements in clinical outcomes and
ever-improving efficiency in hospitals across the system.
"Combining the strengths, resources, and the unique attributes of our
organizations is a bold step that will benefit patients across the many
communities we serve," said Wayne T. Smith, Chairman, President and Chief
Executive Officer of Community Health Systems, Inc. "Our commitment to quality
care has never been stronger. We have the foundation, capacity and fortitude
to build an even better healthcare system and we look forward to working with
Cleveland Clinic as we achieve even higher levels of clinical performance."
The alliance affords each organization notable opportunities to benefit from
the other's previous experiences and success. CHS-affiliated hospitals will
advance their clinical programs through access to Cleveland Clinic'sexpertise
in medical specialties, tertiary services and innovative approaches to patient
care. Cleveland Clinic will extend its reach and quality initiatives into new
regions served by Community Health Systems' expansive network of
135-affiliated community hospitals, nationwide.
Initially, the relationship will focus on three specific areas of
Quality Alliance: The Cleveland Clinic will assist Community Health Systems
in establishing clinical integration programs at its affiliated hospitals.
The Quality Alliance model will create a framework in which physicians can
share best practices and capture, report and compare data in a standardized
format. Over time, recorded data will support predictive modeling for
patient outcomes and reducing the cost of care. Clinical integration will
provide a mechanism for the sharing of data to drive better value regardless
Cardiovascular Services: Cleveland Clinic's Heart & Vascular Institute will
assess selected CHS-affiliated hospitals for the opportunity to apply the
institute's expertise in cardiovascular services to enhance the quality and
data infrastructure of programs with CHS-affiliated hospitals.
Clinical and Operational Services: The organizations will explore a broad
array of other engagements to share best practices and produce synergies.
These may include telemedicine initiatives, second opinion services for
physicians and patients, complex care coordination, and other practices in
care and cost containment.
Paramount to the success of the strategic alliance are the strong
relationships Cleveland Clinic and Community Health Systems have established
with physicians. Physicians across both organizations will have the
opportunity for broadened peer interaction to advance quality and create
Even as both organizations remain independent, Community Health Systems and
Cleveland Clinic are committed to a long-term relationship that will evolve
over time to include additional collaborative opportunities and the
possibility for future joint ventures. Other areas of engagement may include
clinical research, shared innovations and population health management.
"The future requires courage and teamwork," said Smith. "We are headed in the
right direction to achieve meaningful enhancements in clinical quality and
About Cleveland Clinic
Cleveland Clinic is a nonprofit multispecialty academic medical center that
integrates clinical and hospital care with research and education. Located in
Cleveland, Ohio, it was founded in 1921 by four renowned physicians with a
vision of providing outstanding patient care based upon the principles of
cooperation, compassion and innovation. Cleveland Clinic has pioneered many
medical breakthroughs, including coronary artery bypass surgery and the first
face transplant in the United States. U.S.News & World Report consistently
names Cleveland Clinic as one of the nation's best hospitals in its annual
"America's Best Hospitals" survey. About 2,800 full-time salaried physicians
and researchers and 11,000 nurses represent 120 medical specialties and
subspecialties. Cleveland Clinic Health System includes a main campus near
downtown Cleveland, eight community hospitals and 18 Family Health Centers in
Northeast Ohio, Cleveland Clinic Florida, the Lou Ruvo Center for Brain Health
in Las Vegas, Cleveland Clinic Canada, and currently under construction,
Cleveland Clinic Abu Dhabi. In 2010, there were 4 million visits throughout
the Cleveland Clinic health system and 167,000 hospital admissions. Patients
came for treatment from every state and from more than 100 countries. Visit us
at www.clevelandclinic.org. Follow us at www.twitter.com/ClevelandClinic.
About Community Health Systems, Inc.
Located in the Nashville, Tennessee, suburb of Franklin, Community Health
Systems, Inc. is one of the largest publicly-traded hospital companies in the
United States and a leading operator of general acute care hospitals in
non-urban and mid-size markets throughout the country. Through its
subsidiaries, the Company currently owns, leases or operates 135 hospitals in
29 states with an aggregate of approximately 20,000 licensed beds. Its
hospitals offer a broad range of inpatient and surgical services, outpatient
treatment and skilled nursing care. Community Health Systems Professional
Services Corporation, a subsidiary of Community Health Systems, Inc., provides
management services to the affiliated group of hospitals and is party to the
agreements with Cleveland Clinic. Shares in Community Health Systems, Inc. are
traded on the New York Stock Exchange under the symbol "CYH."
Statements contained in this news release regarding expected operating
results, acquisition transactions or divestitures and other events are
forward-looking statements that involve risk and uncertainties. Actual future
events or results may differ materially from these statements. Readers are
referred to the documents filed by Community Health Systems, Inc. with the
Securities and Exchange Commission, including the Company's annual report on
Form 10-K, current reports on Form 8-K and quarterly reports on Form 10-Q.
These filings identify important risk factors and other uncertainties that
could cause actual results to differ from those contained in the
forward-looking statements. The Company undertakes no obligation to revise or
update any forward-looking statements, or to make any other forward-looking
statements, whether as a result of new information, future events or
9500 Euclid Ave. / JJN4-01
Cleveland, OH 44195
Cleveland Clinic Contacts:
Eileen Sheil, 216.444.8927, firstname.lastname@example.org
Heather Phillips, 216.445.4517, email@example.com
Community Health Systems Contacts:
Media: Tomi Galin, 615.628.6607, firstname.lastname@example.org
Investors: Larry Cash, 615.465.7000
SOURCE Cleveland Clinic
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