Hospital deal will not be done by Jan. 1

By Jon Hawley

The Daily Advance

4 Comments | Leave a Comment

Sentara Healthcare is pushing back the date of its takeover of Albemarle Hospital by one month, now aiming for Feb. 1 instead of Jan. 1.

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Comments

Wow, shocking.

Wow, shocking. There is obviously more going on behind the scene than what officials are letting on, I would be surprised if the deal is finalized by February 1st. Sentara is known (outside of the local area) for slippery legal deals. I would not doubt that Sentara might even be having second thoughts on the deal since Pasquotank County was added to the list of distressed counties in the state. Or they more likely are trying to capitalize on it knowing that the county is further in trouble and in need of dumping the hospital debt. Although the writing was on the wall from the beginning as Albemarle Hospital would be by far the poorest location in all of Sentara's network, in no means even slightly comparable to Obici (which was Sentara's example comparable hospital). Meanwhile back at the hospital more Physicians are fleeing due to hospital instability. Vident is probably gleefully running as fast as they can from this mess only to realize that nearly their entire market territory is considered distressed (like ours) and the deal probably wasn't good for them in the long run.

If you think ...

the instability in AH started with this deal - you are wearing blinders. The retention percent for qualified capable doctors at the hospital is sickeningly low. Many of them come in and leave just as fast. Why do you think AH pushed to contract the family physicians in town to them? It's so they can't leave, can't say no and are forced to swim with the stream even if they disagree with 100% of what's being done. Ah left as it was would be comparable to the Titanic - it's going down one way or the other.

Don't insert words

I never said the instability just started, as you are pointing out just the opposite due to continued instability physicians are leaving.

Don't insert words

I never said the instability just started, as you are pointing out just the opposite due to continued instability physicians are leaving.

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