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CHC’s Flexible Ownership Models
CHC is known for flexibility in structuring relationships with hospital clients. By accurately assessing each hospital’s needs, we can create arrangements that are unique to each hospital’s individual needs and circumstances.
There are two primary models for hospital acquisition through Community Hospital Corporation.
Privatization Model
For publicly governed hospitals, the CHC team sets up a private 501(c)(3) organization, in which it is the corporate member, that leases the hospital assets from the local authority. The structure created is a not-for-profit organization governed and controlled by a local board. Under this model, both capital and income generated from operations stay in the community. Income streams are reinvested in the facility and the community’s healthcare delivery system.
Corporate Member Change
For privately held, not-for-profit hospitals, the CHC team becomes the corporate member of the hospital corporation in order to maximize the benefit that the local hospital can obtain as the result of being a part of the CHC system of hospitals. The hospital continues to be overseen by the local hospital board but with full support of the CHC team. As with the privatization model, both capital and income generated from operations stay in the community. |
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