Many jobs protected in transition to new ownership
Reid Health is expected to finalize acquisition of the assets of Fayette Regional Health System on July 15, becoming Reid Health Connersville at 12:01 a.m. July 16, officials have announced. Officials also noted that Reid Health has offered positions or is in the process of interviewing almost all Fayette employees still on staff as of July 1.
Last week, the parties agreed to an Asset Purchase Agreement (APA), a legal next step in Reid's pending acquisition of a substantial portion of assets of Fayette Regional Health System in Connersville, Indiana. The transaction is expected to be finalized on July 15 with day one of operations on July 16, 2019.
Reid Health emphasized two areas of its transition efforts over the past several weeks. The first is ongoing work with the FRHS human resource department to facilitate potential employment opportunities at Reid Health Connersville for current FRHS employees. The second is the work to determine and facilitate the services Reid Health intends to offer in Connersville, pending the necessary Court and regulatory approvals, when the transaction closes.
As of July 1, the FRHS employee census was 334. Reid Health Human Resources extended the opportunity for all FRHS employees to apply for positions in Connersville as well as any Reid Health location. Between May 24 and July 10, 333 had submitted an application to Reid Health. As of July 16, the Reid Health Connersville employee census will be 269, with additional offers pending and 40 open positions posted for Connersville locations.
"We expect many of these positions will be filled in the coming weeks. We are pleased to begin welcoming these individuals to the Reid Health caregiver team," said Craig Kinyon, president and CEO of Reid Health. "This critical effort is ongoing, and we expect to extend additional employment opportunities as we work towards finalizing the transaction." While several from FRHS chose this time to retire or seek employment elsewhere, recruitment efforts continue with additional positions posted on Reid's website, ReidHealth.org/careers.
With regard to Reid Health's service-planning work, Kinyon said, "Making sure the services we offer in Connersville are sustainable and available for years to come is a top priority, and our team has identified the services we intend to initially provide when the transaction is finalized. We are committed to building on our decades-long history of providing high-quality care to the people of Connersville, Fayette County and the surrounding area."
Pending legal and regulatory approvals, and in addition to the services Reid Health currently provides in the community, Reid Health intends to offer the following key services:
- 24-7 Emergency Department (ED)
- Laboratory (on-site services to support 24-7 ED, as well as outpatient specimen collection services)
- Radiology (on-site services to support 24-7 ED)
- Cardio Pulmonary Rehabilitation
- Outpatient Physical Therapy
- Food and Nutrition Services including Café
- Outpatient Behavioral Health (adolescent and adult including group therapy)
- Inpatient Adolescent Behavioral Health at the Care Pavilion
- Residential Adolescent Behavioral Health at the Care Pavilion
- HealthWorks Fitness Center
- Athletic Training with Fayette County School Corporation
- Primary and Specialty Care Provider Offices
Reid Health is committed to ensuring access to a variety of important high-quality healthcare services in Connersville," said Kinyon, "As we work through legal and regulatory matters to finalize the initial service plans, we are committed to continuing to interview and offer positions to qualified Fayette Regional Health System employees who are interested in future employment opportunities with Reid Health."
Kinyon also pointed to Reid Health's long history of providing high-quality care in the community and said the transaction is a natural next step in that journey.
"Reid Health is deeply committed to increasing our presence over time in the Connersville community through events, sponsorships and programs that focus on the health and well-being of residents," said Kinyon. "We have begun planning toward this important work and will have much more to share about new efforts in the coming weeks and months."
About Reid Health
Reid Health, located in Richmond Indiana, is a 2019 Medicare 5-Star health system serving east central Indiana and west central Ohio. The health system and its physician network, Reid Health Physician Associates, has over 3,000 employees, including more than 200 providers in 88 specialties.
Reid offers a broad range of comprehensive health services including a 221 bed inpatient hospital consisting of 115 acute medical/surgical beds, a 30 bed cardiac and critical care unit, a 20 bed acute rehabilitation unit, a Baby-Friendly designated 14 bed Family Birthing Center, and a 38 bed Gero-psychiatry unit. Additional beds are available for adult psychiatric services and inpatient hospice care.
Reid provides a wide variety of outpatient care to patients needing physical, occupational, or speech therapy, radiation therapy, interventional radiological care, general radiological services, laboratory and pathology services, cardiac diagnostics, cardiac interventions and rehab, pulmonary rehab, nutritional care and all types of infusion therapies. Reid's outpatients visited over 300,000 times in 2018.
Reid Outpatient Surgery and Endoscopy (ROSE) provided a wide variety of outpatient surgical and invasive services to over 12,000 patients during 2018.
In 2018, Reid's Level III Trauma Center and Emergency department provided emergency care to more than 41,000 critically ill or injured people including those served by our certified stroke center.
Reid's four (4) Urgent Care locations provided almost 46,000 patients with walk-in, convenient care.
Reid Health Physician Associates includes more than 200 providers in 88 specialties dedicated to treating the sick and maintaining the health and wellness of all our community members. Our experienced and talented physicians, nurse practitioners and physician assistants provided compassionate in-office or tele-health care to patients over 475,000 times in 2018. Reid Home Care offers specialized care to patients who are unable to venture too far from home.
Reid Hospice offers comprehensive, compassionate, respectful spiritual care to patients and their families as they travel through their end of life journey.