Memorial Medical Center will join Spectrum Health as Spectrum Health Ludington Hospital.
The Memorial Medical Center (MMC) Board of Directors and the Spectrum Health System Board of Directors met in Grand Rapids Friday. Each board has approved resolutions to have MMC become a part of Spectrum Health - its name changing to Spectrum Health Ludington Hospital. Although the final legal documents are still being approved, the integration should be effective October 1st.
Richard C. Breon, the President and CEO of Spectrum Health, said MMC and Spectrum Health have always had an excellent working relationship, and this will allow them to provide the best possible health care to the community. He stated, "This agreement allows us to build on that relationship and provide a broader, more coordinated array of services to the region."
The President and CEO of MMC, Mark Vipperman stated, "Joining Spectrum Health creates the best possible health care scenario for the people we serve. With improved access to specialty care, assistance with physician recruitment, best practices in clinical quality and willingness to make significant health care investments, the health care needs of the people in this part of West Michigan will be well-served for the foreseeable future."
"The board is both pleased and excited that we were able to get this done," said Al Deering, the MMC Board of Directors Chair. "As the future of health care in our country and the future needs of our community became clear to us, we knew we needed to take the sort of action that would serve our constituents' best interests in the long term. We think we've done that by deciding to join Spectrum Health. We admire the people of Spectrum Health and their pursuit of excellence. The Spectrum Health mission focus made us believe that we are culturally well-aligned. We will still have local control over our day-to-day operations, meaning that the work we've been doing in the community will not only be supported, but encouraged. Spectrum Health's willingness to provide $6 million to the MMC Foundation for health care initiatives to benefit the Ludington community illustrates this fact."
As part of the agreement, Spectrum Health will provide $6 million for health care initiatives for the Ludington hospital and community, and is making a $46 million capitol commitment over ten years for upgrades and physician recruitment. Spectrum Health will become the only corporate member of MMC.
MMC is an acute care hospital that recently added an all-new emergency department, an expanded surgery department, and a new main entrance and lobby.
Spectrum Health is a not-for-profit health system. The Spectrum Health Hospital Group is made up of ten hospitals and provided $204 million in community benefit during its 2012 fiscal year.