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Local hospital getting new name following acquisition; No layoffs expected

(KBTX)
Published: Jul. 31, 2019 at 4:13 PM CDT
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The deal is done. CHI St. Joseph Health is now officially the owner of the College Station Medical Center.

"The Med" will be named CHI St. Joseph Health - College Station Hospital and all of its associated physician clinics will be renamed to CHI St. Joseph Health.

CHI St. Joseph Health also announced Wednesday it does not anticipate any loss of jobs as a result of the acquisition.

In the near future, CHI St. Joseph Health says it will communicate any changes in services or service locations, as well as continue to communicate updates or changes to insurances or processes that may differ with current practices or policies.

The following is the full news release sent to KBTX:

College Station Medical Center (CSMC) is now affiliated with CHI St. Joseph Health. Together, both organizations provide more than 50 care locations, including CSMC’s associated physician clinics, and have more than 3,000 employees.

Coming together offers opportunities to expand services; improve the delivery and quality of care; and broaden access to services for individuals, employers, and communities in the Brazos Valley.

Combining the care CSMC provides with the specialized care offered by CHI St. Joseph Health — especially in oncology, cardiovascular surgery, neurosurgery and emergency, and trauma areas – allows the organization to use innovative technology and offer patients resources that are at the forefront of modern medicine.

The affiliation also increases the number of CHI St. Joseph and Texas A&M Primary Care locations in the College Station area, as well as adds 17 new providers to the CHI St. Joseph and Texas A&M Health Network.

The facility’s name will be CHI St. Joseph Health – College Station Hospital and the physician clinics will also be renamed to CHI St. Joseph Health.

"This will allow us to grow our mission of a healing ministry in the Brazos Valley as we create healthier communities," said Theron Park, president and CEO of CHI St. Joseph Health.

“This acquisition expands access to health care and enhances existing health services for College Station residents, key reasons for CSMC to become part of the CHI St. Joseph family.”

CHI St. Joseph Health and Subsidiaries of Community Health Systems Inc. (NYSE: CYH) signed an agreement for College Station Medical Center (CSMC) to become part of CHI St. Joseph Health on May 23, 2019.

CHI St. Joseph Health is now the owner of CSMC, as well as College Station MedPlus locations, and College Station Medical Associates. The combined organization has eight locations and 17 employed clinicians.

CHI St. Joseph Health does not anticipate any loss of jobs as a result of the affiliation. Substantially all employees currently in good standing will maintain employment.

Through this affiliation, CSMC will become a non-profit Catholic hospital and share the CHI St. Joseph Health Mission, as well as participate in the charity care policy, which supports patients in the Brazos Valley with little or no insurance who need access to healthcare.

CHI St. Joseph supports several initiatives in the region including the Brazos Health Resource Center, which works daily to connect patients to other services in our community to improve their quality of life. In 2018, CHI St. Joseph Health provided $60 million in community benefit to support the community’s healthcare needs.

In the near future, CHI St. Joseph Health will communicate any changes in services or service locations, as well as continue to communicate updates or changes to insurances or processes that may differ with our current practices or policies.