Integration leader Friendly Hills switches models--again. Interview by Terese Hudson.
The Friendly Hills HealthCare Network keeps moving forward along the leading edge of systems integration, and making headlines in the process. In 1993, it became the first physician-driven integrated delivery system to have its tax-exempt status approved by the Internal Revenue Service. This year, the La Habra, CA-based network took the health care field by surprise when it struck a deal to sell its assets to Caremark International, a nationwide alternate-site provider with a diverse portfolio of services. The purchase, expected to be finalized by the end of the year, will turn Friendly Hills back into a for-profit entity. Chairman and CEO Albert E. Barnett, N.D., spoke recently with senior editor Terese Hudson about the change.
Friendly Hills HealthCare Network, La Habra, CA.
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D002140:California; D002204:Capitation Fee; D006269:Health Facilities, Proprietary; D006273:Health Facility Merger; D006759:Hospital-Physician Joint Ventures / Q000458:organization & administration*; D006784:Hospitals, Teaching / Q000458:organization & administration*; D009096:Multi-Institutional Systems / Q000458:organization & administration; D009936:Organizational Innovation; D018511:Systems Integration