Sharon Regional to join Community Health Systems - 21 News Now, More Local News for Youngstown, Ohio -

Sharon Regional to join Community Health Systems

Posted: Updated:

SHARON, Pa. - Sharon Regional Health System has taken the first step toward joining Community Health Systems Inc., the same Tennessee-based group purchased Forum Health in Youngstown and Warren.

Sharon Regional is calling the move a strategic affiliation that's been in the works for some time.

"This is a process our board has been working on for almost a year," says Ed Newmeyer with Sharon Regional. "[We're] evaluating a number of options on strategic partnerships that would best benefit not only the community in which we serve here but Sharon Regional as well."

A major change in the health system would be the designation as a for-profit rather than non-profit.

With 135 hospitals in 29 states, CHS is one of the largest health systems in the country and the partnership can potentially bring an infusion of capital investments in facilities, services and medical technology.

"This is a great opportunity and exciting time for Sharon Regional," Newmeyer says. "It's going to allow us to do so much more and position us very well for the future."

The health system also expects to benefit from the new alliance announced earlier between CHS and the Cleveland Clinic.

For hospital employees, Sharon Regional is non-union, but Newmeyer says one assurance they have from CHS is maintaining workers and the medical staff.

"Sharon Regional will retain all of our employees in good standing with their years of seniority and their current job positions," he says.

At city hall, the city manager supports the health system's decision.

"I'm confident that when they made the decision, they made it with Sharon's best interest in mind," says city manager Scott Andrejchak

The letter of intent signed by the hospital board is just the first step.

"So that just starts the process now of our due diligence period - probably 60 to 90 days - before anything definite is signed," Newmeyer says.

  • More NewsMore>>

  • Niles Residence Inn celebrates grand opening

    Niles Residence Inn celebrates grand opening

    A new hotel at the Eastwood Mall is celebrating its official grand opening.The Niles Residence Inn opened in May and the number of rooms booked, has exceeded expectations. The hotel will soon link directly to the mall, making it easy for guests to shop and dine without even stepping foot outside."It's real contemporary, real homey, makes you feel like you're in a cool, clean environment," Michele Janci says, with the Residence Inn.All 103 suites are designed to help guests feel like they're h...More >>
    A new hotel at the Eastwood Mall is celebrating its official grand opening.The Niles Residence Inn opened in May and the number of rooms booked, has exceeded expectations. The hotel will soon link directly to the mall, making it easy for guests to shop and dine without even stepping foot outside."It's real contemporary, real homey, makes you feel like you're in a cool, clean environment," Michele Janci says, with the Residence Inn.All 103 suites are designed to help guests feel like they're h...More >>
  • Struthers detective fired

    Struthers detective fired

    Thursday, August 21 2014 5:57 PM EDT2014-08-21 21:57:16 GMT
    Ray GreenwoodRay Greenwood
    A veteran Struthers police detectivehas been fired for disciplinary reasons.More >>
    A veteran Struthers police detectivehas been fired for disciplinary reasons.More >>
  • Fairgoers Asked to "Lock Their Love"

    Fairgoers Asked to "Lock Their Love"

    Thursday, August 21 2014 5:52 PM EDT2014-08-21 21:52:47 GMT
    "Big Lock" was made by Shawn Lawless, who said he can reinforce the rooster, if it gets weighed down by too many locks.More >>
    "Big Lock" was made by Shawn Lawless, who said he can reinforce the rooster, if it gets weighed down by too many locks.More >>
  • More From wfmj.comMore>>

  • Ohio State president, band leaders to meet

    Ohio State president, band leaders to meet

    Thursday, August 21 2014 10:13 AM EDT2014-08-21 14:13:25 GMT
    Courtesy:  NBC NewsCourtesy: NBC News
    University and marching band leaders at Ohio State are preparing to meet to discuss the future path of the organization after the firing of its director.More >>
    University and marching band leaders at Ohio State are preparing to meet to discuss the future path of the organization after the firing of its director.
    More >>
  • Applications for US unemployment aid fall to 298K

    Applications for US unemployment aid fall to 298K

    Thursday, August 21 2014 10:03 AM EDT2014-08-21 14:03:51 GMT
    Fewer people applied for U.S. unemployment benefits last week, another sign the job market is improving.More >>
    Fewer people applied for U.S. unemployment benefits last week, another sign the job market is improving.More >>
  • Ohio woman sent to prison for school outburst

    Ohio woman sent to prison for school outburst

    Thursday, August 21 2014 9:59 AM EDT2014-08-21 13:59:08 GMT
    An Ohio woman has been sentenced to more than a year in prison for assaulting a teacher, principal and cafeteria worker at her son's elementary school after being told she needed a visitor's badge.More >>
    An Ohio woman has been sentenced to more than a year in prison for assaulting a teacher, principal and cafeteria worker at her son's elementary school after being told she needed a visitor's badge.
    More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 Worldnow and WFMJ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms