Beginning March 1, Stanly Regional Medical Center, a 119-bed hospital that serves Stanly and Montgomery counties, will be managed by Carolinas HealthCare System.
The two organizations have worked together since 1995. They have developed the Stanly Regional West campus in Locust, where diagnostic imaging services are offered. Stanly Regional’s cardiologists, medical oncologists, nephrologists, psychiatrists and hospitalists are affiliated with Carolinas HealthCare.
“We are building on a long and productive relationship with a partner that has proven to be worthy of our trust,” said John Lowder, chairman of the board of directors at Stanly Regional.
“Carolinas HealthCare System and Stanly Regional have very similar philosophies. Our missions are similar and include caring for everyone who needs care, regardless of their circumstances,” said Michael C. Tarwater, CEO of Carolinas HealthCare. “Healthcare is a local service, and we look forward to working more closely with Stanly Regional in strengthening the medical center and the capacity to serve the community.”
The management agreement will enable Stanly Regional to strengthen its focus on quality patient care, utilizing the resources of Carolinas HealthCare to improve its financial position, develop and expand services and recruit physicians.
Stanly Regional’s board of directors will continue to govern the medical center, retaining ownership of all assets.
“Control of Stanly Regional remains in the community,” Lowder said. “The board will continue to make decisions in the best interest of the community. Al Taylor will remain president and CEO.”
Stanly Regional and its related organizations employ more than 1,000 people. It will become the eighth hospital to be managed by Carolinas HealthCare System in the Carolinas.