UPDATE --- AGREEMENT TO TRANSFER DICKINSON COUNTY HEALTHCARE SYSTEM TO
BELLIN HEALTH READY TO MOVE TO NEXT STAGE
(Iron Mountain - March 06, 2018) - Agreement appears to have been
reached between two of the three principals involved in the proposed transfer of
the Dickinson County Healthcare System to Bellin Health System.
a private not-for-profit corporation which operates a flagship hospital in Green
Bay as well as a number of clinics and healthcare facilities in the Northeastern
Wisconsin region; including a clinic on Woodward Avenue in Iron Mountain, at the
site of the original Dickinson County Memorial Hospital.
this agreement will end a 65 year tradition of a community based hospital in
Dickinson County. However, without this agreement, it is likely that DCHS will
Based on recent conversations, approval of almost any
agreement by the County Board is almost certain, as the members appear anxious
to get this matter behind them.
Only time will tell what effect this will
have on healthcare delivery in the Dickinson County area.
County Controller Brian Bousley told Dickinson County News today (Tuesday) that
no details are being released at this time, but that a copy of the proposed
agreement should be ready for public viewing in time for next Monday's County
Board of Commissioners meeting.
Following is the initial statement released by the two entities after an
agreement was reached:
"The Dickinson County Healthcare System Board took another step forward
in its ongoing negotiations with Bellin Health related to Bellin’s acquisition
of DCHS, by approving an asset purchase agreement. This is one more step in a
complex process that is underway; a process that is necessary for a closing
statement that will need to be signed by both health systems.
happy to have reached this stage in the process with Bellin, and we look forward
to continuing to work together on details and areas that must be covered in
order to complete the closing,” explained John Schon, Administrator and CEO of
DCHS. “While both systems will benefit from the integration, the greatest
beneficiaries will be our community.”
Bellin Health President and CEO,
George Kerwin, said, “While a substantial amount of work remains to be completed
before the deal is closed, we are hopeful that the effort will move forward.
Both of our organizations have a commitment to providing the best healthcare we
can for our community.”