The health systems explained that due to cuts for hospitals under federal programs, coupled with the increasing cost of labor and an unstabled healthcare industry has increased the pressures on both systems as "we continue to care for the underserved in our community," said Toni Ardabell, CEO of Bon Secours Richmond Health System.
"If the ICH falls short on funding, there would be negative consequences to consumers and commercial and government payers," Ardabell
said in the statement released Thursday.
In addition, both health systems stated that the proposed independent model already may be outdated as national and local health care industry trends are moving away from stand-alone facilities toward consolidation and coordinated care networks that leverage existing facilities and promote more outpatient and home-based programs.
"The health care industry is transforming from a hospital-centric model to one focused on prevention and wellness through greater sharing of information among providers.
Collaboration among all providers is the key to advancing children's health in Richmond," explained Ardabell
Rao and Ardabell
thanked community philanthropists, especially Bill and Alice Goodwin, who donated a large portion of proceeds toward the project.