Parkview Community Hospital Medical Center (PARKVIEW) has selected AHMC Healthcare Inc. to acquire Parkview’s 193-bed acute care hospital in Riverside.
Under the agreement reached, current levels of hospital services will be preserved, including operation of the newly constructed emergency department, while assuring continued investment in infrastructure, technology, and enhancement of the scope of services.
Parkview and its representatives have engaged in a comprehensive and deliberate process to identify those organizations that would best meet the needs of the surrounding communities. “The Parkview decision was based on the buyer meeting a number of critical criteria,” said Steve Popkin, CEO, Parkview Community Hospital Medical Center. “These included a long-term commitment to partner with Parkview’s physicians and staff in providing quality acute care services to Riverside and the surrounding communities; offering round-the-clock emergency services; continuing to serve Medicare, Medi-Cal, Managed Care, and charity care patients; and having the ability to provide sufficient resources to continue the Mission and Vision of Parkview.”
AHMC Healthcare Inc., formed in 2004, is one of the largest regionally owned integrated health care systems in the nation and its affiliated hospitals are recognized leaders in providing value-based and wellness focused services to the community. AHMC Healthcare hospitals have a long track record of successfully and effectively operating safety net hospitals and serving the diverse health care needs of community residents.
AHMC Healthcare Inc. and its affiliated hospitals form a regional network of hospitals consisting of more than 1,000 beds. AHMC Healthcare Inc.’s affiliated family of hospitals includes Garfield Medical Center, Monterey Park Hospital, Anaheim Regional Medical Center, Whittier Hospital Medical Center and Greater El Monte Community Hospital. The hospitals are also associated with San Gabriel Valley Medical Center and Alhambra Hospital Medical Center.
“We are committed to helping ensure the future success of Parkview Community Hospital Medical Center as a vital resource that serves the health care needs of the community,” said Jonathan Wu, M.D., Chairman of AHMC Healthcare Inc. “As a physician who has lived and practiced in Southern California for more than 30 years, I know the value of providing community accessible value-based care. We recognize and appreciate Parkview’s essential role in providing care to the underserved. We share the same strong commitment to meeting the health care needs of our communities by providing a wide range of high-quality medical services.”
View source version on businesswire.com: https://www.businesswire.com/news/home/20180719005709/en/
AHMC Healthcare:
Eric Tuckman
Senior Advisor to Chairman
(310)
367-8489
etuckman@strategichealthadvisors.com
or
Parkview
Community Hospital Medical Center:
Steve Popkin
CEO
(951)
352-5400
spopkin@pchmc.org