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Article: Bates-Northwest Medical merger reaping huge savings. (Bates Medical Center; Northwest Medical Center)
- Article from:
- Arkansas Business
- Article date:
- January 20, 1997
- Author:
CopyrightCOPYRIGHT 1997 Journal Publishing, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Six months after Northwest Medical Center in Springdale and Bates Medical Center in Bentonville merged, the two hospitals are saving "upwards of hundreds of thousands of dollars" in expenses, says Tom O'Neal, chief operating officer of the combined Northwest Health.
Insurance programs have been consolidated, as have materials management areas, O'Neal says.
Physicians at the hospitals still work as two separate staffs; and although there may be future arrangements to focus medical specialities at one of the two hospitals, there is no such plan now, O'Neal says.
"At this point we are just beginning to peel off some of the next steps of the system-wide ...