Two Additions to the Hopkins Family
New agreements will expand reach in Washington and Florida
Date: October 1, 2010
The spring and summer months proved a fertile time for growth in the Johns Hopkins Health System (JHHS) family.
If all goes as planned, the Washington D.C.-based Sibley Memorial Hospital and Florida’s All Children’s Hospital & Health System will soon join JHHS as fully integrated members of Johns Hopkins Medicine.
Sibley, a 328-bed acute care facility in northwest Washington, has respected programs in oncology, orthopedics, obstetrics, and geriatric services, and a high-end assisted living facility on its campus.
“Sibley is strong financially, very highly regarded in its community, and located in the nation’s capital. Having it as part of the Hopkins family provides us the critical mass to better position ourselves to provide an integrated regional approach to care, which we anticipate the future will demand,” said JHHS President Ronald R. Peterson in announcing the planned integration.
All Children’s is a 259-bed freestanding pediatric hospital in St. Petersburg, Fla., with outreach facilities in eight west Florida counties.
“The full integration of All Children’s into Johns Hopkins Medicine offers a unique opportunity to both institutions,” said Edward D. Miller, dean and CEO of Hopkins Medicine. “With this integration … Johns Hopkins Medicine can leverage the intellectual and human capital within its pediatrics programs to expand the reach and impact of its current clinical, teaching, and research programs.
Neither of the proposed transactions, which are expected to be finalized within the year, involved financial exchanges. But as pressures mount to help contain rising health care costs, both Sibley and All Children’s offer Hopkins new sources of revenue.