Trinity Joint Venture May Bring Opportunity To Rugby
Officials from Trinity Health announced that the Board of Directors has signed a Letter of Intent between Trinity Health and the Billings Clinic RegionalCare Hospital Partners Joint Venture in which Trinity Health will become part of Billings Clinic RegionalCare. All parties involved are currently working on the final agreements. The transaction is expected to close prior to the end of 2015
John Kutch, President and CEO of Trinity Health, said, “This agreement with Billings Clinic RegionalCare is an important step forward in ensuring the long-term stability and continued health care choice for the people of North Dakota and eastern Montana. Perhaps the most exciting part of this partnership is that it will bring to fruition the vision of the Board and our entire organization for a new medical campus to better serve our community and region for decades to come
Jeff Lingerfelt, CEO of Heart of America Medical Center in Rugby upon hearing the news stated, “There has been something in the wind about Trinity and a merger or partnership for some time now. Billings Clinic has a very good reputation and I am excited that they are bringing their credentials to the Minot market. They have a reputation for quality and for being progressive. I think this is a sign of where healthcare is going. As we move forward in the next few years at the Heart of America Medical Center we are going to have to adapt to this changing market in order to maintain viability.”
Timelines for new campus groundbreaking and construction, to be located at the site currently owned by Trinity west of 37th Street and 16th Street in southwest Minot, are being finalized and will be announced when the final agreements are completed.
– Tribune Staff Report
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