Daphne K. Saneholtz, a partner in Brennan, Manna & Diamond's Columbus, OH office, was recently quoted in a Columbus Business First story on Mount Carmel Health System's planned joint venture with HealthSouth Corp to build a 60-bed rehabilitation hospital in the Columbus suburb of Westerville.
Saneholtz commented on the increasing prevalence of nonprofit hospitals collaborating with for-profit organizations, as well as the stiff competition between hospital systems. Said Saneholtz, "The competition among the nonprofits is significant, so the business relationships that give nonprofits a leg up, or allow them to extend their business lines, allows them to share risk and extend coverage."
The entire article can be accessed on the Columbus Business First website. A subscription is required to view the long version of the article, and a shorter version is available without a subscription.
