Tag Archives: casa grande regional medical center

121277693

Banner Health completes acquisition of Casa Grande hospital

Banner Health and Regional Care Services Corporation, the parent company of Casa Grande Regional Medical Center (CGRMC), have signed an Asset Purchase Agreement (APA), an important milestone that moves the acquisition process of Casa Grande Regional Medical Center by Banner forward. The APA describes the financial details of the acquisition.

The completion of the APA follows the Letter of Intent that was signed and announced by the two organizations on Dec. 30, 2013, together with Banner’s agreement to provide interim funding for CGRMC operations. The acquisition is anticipated to be completed in May, 2014.

“Not only are we joining the leading health system in Arizona, but we’re also joining a system that is recognized as one of the top clinical care systems in the nation,” said Rona Curphy, president and CEO of CGRMC. “I’m excited for our patients, employees, doctors and the city of Casa Grande and surrounding areas that will be gaining an outstanding partner committed to improving the health of our community,” she added.

As provided in the APA, CGRMC filed for reorganization under Chapter 11 in the federal bankruptcy court in Tucson on Tuesday, Feb. 4. While a difficult decision, it was agreed by the respective organizations that this was the best approach to ensuring that the interests of CGRMC’s patients, employees and creditors were fully protected during the acquisition process. The CGRMC Foundation was exempted from this reorganization. Banner has agreed to continue funding for CGRMC operations during the bankruptcy and through the closing of the acquisition. Completion of the acquisition is subject to approval of the APA and associated plan of reorganization by the bankruptcy court.

“This medical center is a critically important community asset, and we believe an important outcome will be that more people will choose to stay in Casa Grande for the outstanding care that is available at Casa Grande Regional Medical Center,” said Banner Health’s Arizona East Region President Becky Kuhn.

The process of transitioning CGRMC operations into Banner Health will begin with meetings during the next few weeks between Banner leaders in conjunction with CGRMC employees and doctors. These meetings will help complete a comprehensive plan to guide the transition. “The goal is to ensure that there is as little disruption as possible, and I have committed to our staff, doctors and community that I will keep them informed of developments every step of the way,” said Curphy. “We are confident that activities associated with this acquisition will not disrupt the outstanding patient care that we will continue to provide,” she concluded.

121277693

Casa Grande Medical Center, Banner Strike Deal

Regional Care Services Corporation, the parent company of Casa Grande Regional Medical Center (CGRMC), and Banner Health have signed a letter of intent for the acquisition of Casa Grande Regional Medical Center by Banner.  The acquisition is subject to obtaining all necessary regulatory approvals, and is expected to be completed during the spring of 2014. Banner has also agreed to provide interim funding as needed in order for CGRMC to continue regular operations until the acquisition is complete.

Rona Curphy, President and CEO of CGRMC, stated, “We are excited to partner with Banner Health in order to continue providing outstanding and high quality care to our community. CGRMC’s mission has always been to make a positive difference in the lives of those we serve through compassion and excellence in patient care. This fits perfectly with Banner’s mission as well. Furthermore, joining with Banner allows CGRMC the best opportunity to grow this facility in the long term. We look forward to a bright future.”

In choosing to join Banner, recognized as one of the leading health systems in the nation for clinical quality, the CGRMC board is confident that Casa Grande and its surrounding communities will continue to have access to outstanding medical care and service.

“We couldn’t be more pleased to have this opportunity to build on the strong foundation provided by Casa Grande Regional Medical Center to expand Banner’s non-profit mission of excellent patient care to the community of Casa Grande,” said Peter S. Fine, Banner Health President and CEO. “Community residents can count on the full suite of clinical performance processes and technologies that are the foundation of Banner’s ability to provide industry-leading care.”

In the coming weeks a comprehensive plan will be developed to successfully navigate this purchase through the myriad of regulatory and financial details.

Rona Curphy - AZ Business Magazine Sept/Oct 2010

Rona Curphy, President And CEO Of Casa Grande Regional Medical Center

Rona Curphy
President And CEO
Casa Grande Regional Medical Center
www.casagrandehospital.com

As president and CEO of Casa Grande Regional Medical Center, Rona Curphy has moved to the top of the medical field thanks to her years of dedication.

From 2002 to 2009, Curphy served as the chief nursing officer at the nonprofit community-based hospital in Casa Grande. When she was asked to be interim CEO in February 2009, she jumped at the new experience. Curphy saw it as an opportunity to grow in her profession and to learn new skills. About five months later, Curphy was named Casa Grande Regional Medical Center’s official president and CEO.

As president and CEO, Curphy works to ensure that the hospital implements the strategic plans adopted by the board of directors.

“My duties are making sure we meet our mission, our vision of organization, making sure people are on top of strategic goals, engaging partners, providing the best quality health care environment for them to practice in, and making sure the staff has a great environment to work in,” Curphy says.

Curphy emphasizes that in her role she tries to be a visible and active community member. She sits on the chambers of different cities, on an economic development board and attends events so the hospital will be viewed as a part of the community.

Although Curphy currently does not hold a position on the Arizona Hospital and Health Care Association’s (AzHHA) board or committees, she has been very active with the organization in the past. While serving on the patient safety committee, Curphy looked at new patient initiatives throughout the state.

“I had to look at everybody’s concerns and issues as we made decisions going forward,” Curphy says.

She also served on the Campaign for Caring committee, where she ended up chairing one of four task forces. On the government affairs committee, Curphy helped give legislators ideas on what stands the hospital and health care community wanted them to take on issues. She points out that AzHHA is an important organization to the community and to hospitals.

“AzHHA is our voice across Arizona,” Curphy says. “Having one voice where lots of members can give ideas, gives us opportunities to work with the Legislature to get things done.”

Curphy says another key benefit of AzHHA is that it offers the opportunity to network nationwide. But Curphy adds, a big challenge AzHHA faces is being able to successfully manage networking events during a very busy time in the health care industry. With all of the new legislation on health care being written and passed, it is easy to get caught up in focusing solely on the issues, rather than the networking aspect of the organization, she says.

Curphy wants to see more members take advantage of the opportunities that AzHHA presents, and to get involved in the events the organization hosts. In addition, Curphy says AzHHA has to focus on maintaining and recruiting new members, “… and making sure (the organization is) not too costly for members, or difficult for members to participate. If they make the cost too much, there will only be a few members, and the end result doesn’t allow for great networking.

“I think it is up to (AzHHA) to get out to member hospitals, to get people out there to say, ‘Get involved,’” Curphy says.


arizona Business Magazine Sept/Oct 2010