A new name and some service changes follow the Thursday merger of two Brunswick hospitals.
A bankruptcy judge approved the sale of Parkview Adventist Medical Center to its former rival Mid Coast Hospital, which closed Thursday afternoon.
In the transaction, Mid Coast Health paid $4,411,000 in cash and debt forgiveness, a commitment to employee obligations for accumulated vacation and sick time of $763,000, and a commitment to make capital improvements of $1 million per year for the next three years on the Parkview campus.
The merged health care system is now Mid Coast-Parkview Health. The former Parkview hospital will be renamed Parkview Medical Center while Mid Coast Hospital remains the same.
Parkview’s 190 employees have been invited to remain with the merged health care system. Former Parkview president and CEO Randee Reynolds has been named vice president of community health and integration, according to a Friday release from Mid Coast.
“Now that we have approval, we will continue the transition to realign services that began in June when inpatient and emergency services moved from the Parkview campus to Mid Coast Hospital,” said Mid Coast-Parkview Health President and CEO Lois Skillings in the release. “Over the coming weeks and months, some of the outpatient services that have been at Mid Coast will move to the Parkview campus, where we will provide community health and wellness programs and physician practices. We will also provide outpatient services such as medical oncology, hematology and infusion services; laboratory and X-ray; ambulatory surgery; and speech, physical and occupational therapy on the Parkview campus. The campus at Parkview will continue to provide the faith-based practices of the Seventh-day Adventist Church.”
The merger sprang from a Chapter 11 bankruptcy filing by Parkview in June. Operated by the Seventh-day Adventist Church, which emphasizes wellness and a holistic health view, the hospital’s finances had been undermined by mounting costs and declining numbers of inpatient and emergency care patients. Lewiston-based Central Maine Healthcare provided emergency services and back-office support for Parkview since 2008 and opposed the merger, but lost its motion in bankruptcy court.
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