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When acquiring a hospital means navigating a hurricane
Becker's Healthcare December 9, 2024
In September, St. Luke’s Hospital in Columbus, N.C., and Altamonte Springs, Fla.-based AdventHealth were preparing for a significant milestone: AdventHealth’s planned management of St. Luke’s on Oct. 1. But Hurricane Helene loomed, threatening both the timeline and the communities it would affect.
Leaders faced an unexpected decision: Move forward with the planned acquisition or delay the deal until the storm passed.
“We were, in the original plan, slated to have 50 transition team members on the ground on Sunday, getting ramped up for the transition on Tuesday,” Mike Thompson, president and CEO of AdventHealth’s Southeast Region, told Becker’s. “Obviously, with that event happening — and we knew, of course, earlier than that, that a hurricane might be headed that way...
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