High Point Regional Completes Merger with UNC Health Care
High Point Regional has completed its merger with UNC Health Care System, a not-for-profit integrated health care system, effective April 1, 2013.
High Point Regional has a long standing reputation for providing exceptional health care services and patient experiences. On February 21, 2012, the Board of Trustees of High Point Regional Health System approved moving forward with investigating strategic alignments to help ensure this legacy of quality care continues.
After announcing the decision to pursue a partner, High Point Regional issued a Request for Proposal (RFP) to health care organizations interested in a partnership. UNC Health Care was invited to respond to the RFP and was selected by High Point Regional Board of Trustees on September 25, 2012.
“UNC Health Care will ensure High Point Regional continues to advance in clinical care and remain competitive while also positioning us for a strong future,” said Jeffrey S. Miller, President, High Point Regional. “Our mission and legacy of proudly caring for the Triad community for more than a century will be carried forward under UNC Health Care’s guidance and I am proud of that.”
Under the merger, UNC Health Care will become the sole member of High Point Regional providing $150 million for capital improvements and $50 million for the establishment of a newly formed Community Health Fund. High Point Regional will remain a private, not-for-profit entity and maintain a Foundation to provide support for ongoing patient care, technology and capital needs.
UNC Health Care will maintain the current management for the daily operations of High Point Regional. UNC Health Care will enhance High Point Regional’s commitment to providing care as a full-service, acute care hospital.
“We proudly welcome High Point Regional’s trustees, physicians, staff and volunteers to the UNC Health Care team. With our shared mission and values, this partnership will further a comprehensive approach to health care that connects communities with the health care resources they need, provided by the local hospitals and doctors they trust,” said Gary Park, President, UNC Hospitals.
High Point Regional will maintain its current name and will transition to a new logo and brand, showcasing the relationship with UNC Health Care effective April 1. A celebration of the merger with the new UNC brand is planned throughout the next several weeks with the employees, physicians and volunteers.
The UNC Health Care System is a not-for-profit integrated health care system owned by the state of North Carolina and based in Chapel Hill. It exists to further the teaching mission of the University of North Carolina and to provide state-of-the-art patient care. UNC Health Care is comprised of UNC Hospitals, ranked consistently among the best medical centers in the country; the UNC School of Medicine, a nationally eminent research institution; community practices; home health and hospice services in seven central North Carolina counties; Pardee Hospital in Hendersonville, NC; Chatham Hospital in Siler City, NC; and Rex Healthcare and its provider network in Wake County.