1. Management contract
Some hospital boards prefer to continue operations independent of another organization. In order to maintain its autonomy the board of directors may seek outside assistance with the day-to-day operations. Curae Health leadership has provided contract management to ensure the hospital’s desired autonomy
Some hospital boards no longer have a desire to operate the hospital but want to retain ownership of the assets. Long-term leasing allows the board to achieve its desire to retain ownership of the assets, ensure a long term operator is in place, but no longer be financially responsible for the hospital operations.
3. Joint venture
A hospital board may desire to retain partial ownership of the assets but also seeks a partner that has operational expertise to compliment the hospital’s current management structure. Curae Health can serve as a joint venture partner to help achieve the desired results.
In some situations a hospital may desire to become part of a larger health system. Curae Health can evaluate the potential merger of assets with an existing not-for-profit corporation to ensure sustainability of the hospital long term.
A hospital board may desire to completely divest itself of its healthcare operations. Curae Health, through a due diligence process, can evaluate the value of the operations to ensure the long term viability.