Academic medical center forms affiliation with regional health care system
Client(s) Universities and major academic medical centers
Jones Day successfully represented a major academic medical center in connection with the formation of an affiliation with a regional health care system providing for a minority interest in the system and co-branding of multiple hospital facilities with financial sharing arrangements based on improved quality and convenience of care for patients in the community. This transaction represents the major academic medical center's first foray into hospital co-branding and provides an attractive alternative to sale or merger for community and regional health systems.