“ARH is excited to become a member of the Hyden and Leslie County communities. We look forward to continuing the legacy of Ms. Breckinridge and bringing new healthcare services to the community,” ARH President and CEO Jerry W. Haynes said.
Jane Leigh Powell, chairman of the Frontier Nursing Service Board of Governors, said the sale will ensure that Hyden and Leslie County will continue to have local access to quality healthcare.
“We are pleased to finalize this agreement with Appalachian Regional Healthcare, a longstanding and leading healthcare provider which is consistently recognized for its quality and commitment to excellent patient care,” Powell said. “We feel ARH is as committed as the FNS Board of Governors is to ensuring that quality healthcare will continue to be provided in the greater Leslie County service area.”
The FNS Board of Governors has been working with Alliant Management, a Louisville-based hospital management company, for the past year to stabilize the healthcare operation’s finances.
However, as has been the case throughout the country, a number of standalone hospitals are merging with larger healthcare systems in order to continue to be viable and sustainable. Haynes said the transaction between ARH and FNS is consistent with what is occurring in the healthcare environment today and affords Mary Breckinridge Hospital stability and the opportunity to grow the services it provides.
“It has been ARH’s longstanding mission to ensure all residents of Eastern Kentucky and Southern West Virginia have local access to the medical services they need. We are proud that Mary Breckinridge Hospital and its related healthcare services will now be a part of the ARH system and our long-term plans for the future of healthcare in Eastern Kentucky.”