Mon Health and Stonewall Jackson Memorial Hospital Announce Intent to Partner
Posted Date: 1/17/2017
Mon Health and the Stonewall Jackson Memorial Hospital announced today they have signed a Letter of Intent to pursue a combined integrated health delivery system designed to complement and enhance healthcare for patients in Lewis County and the surrounding region.
When the transaction is finalized, Stonewall will join Mon Health which includes Mon General Hospital in Morgantown, Preston Memorial Hospital in Kingwood, a physician network with over 100 providers in 23 locations across the region, including locations in Morgantown, Core, Mannington, Kingwood, Fairmont, Reedsville, Elkins, Fellowsville, McHenry, MD, and Waynesburg, PA.
The decision marks the culmination of Stonewall’s 12-month process of identifying a health system partner. The relationship combines Stonewall Jackson’s healthcare resources and great reputation as a community provider with those of Mon Health, a leading regional provider.
“The partnership between Mon Health and Stonewall underscores our commitment to enhancing the health and access to quality care in the communities we serve,” said Darryl L. Duncan, FACHE, President and Chief Executive Officer of Mon Health. “Our collective patients and communities will benefit greatly from our combined efforts, enhanced services, and extensive care options.”
“We are very pleased our patients will have access to the expertise of one of the best regional providers in our state,” said Avah L. Stalnaker, MHA, Chief Executive Officer of Stonewall Jackson Memorial Hospital. “For Stonewall the goals of this partnership are to eventually be able to invest in a replacement hospital facility, recruit additional providers to the area, and enhance the high quality services and excellent care we provide to our patients close to home.”
In the next several months, Stonewall and Mon Health will begin planning the terms of their potential transaction. A formal closing date is expected before the end of 2017.
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