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(Marinette, WI) Bellin Health today announced it has become the sole owner of NorthReach Healthcare, effective Monday, June 16, 2014.
Our commitment to continuing to serve the community was the main driver in our decision to purchase Bay Area Medical Center’s 50 percent share of NorthReach, said Chris Woleske, executive vice president, Bellin Health. This ensures patients will be able to continue their relationships with their trusted local clinics and providers. Patients deserve stability and continuity. That is one of our major goals.
NorthReach was formed in 2000 as a partnership between Bellin and BAMC to address the area’s healthcare needs and to ensure those communities served received excellent healthcare from quality physicians and other healthcare professionals.
On March 4, 2014, BAMC presented Bellin with an offer that enabled Bellin to either sell its ownership interest in NorthReach to BAMC or purchase BAMC's entire interest in NorthReach. BAMC's offer included a term that required Bellin to terminate certain noncompetition and nonsolicitation obligations in NorthReach's Operating Agreement. Shortly after receiving BAMC's offer, Bellin filed a lawsuit against BAMC asserting that BAMC's offer was invalid. Although Bellin moved the Marinette County Circuit Court to rule that BAMC's offer violated the Operating Agreement's terms and was therefore invalid through a procedure known as summary judgment, the Court denied Bellin's motion and scheduled a trial on Bellin's claim later this year. As a result of the Court's ruling, BAMC's offer and Bellin's 15-day timetable to respond to the offer after the Court's ruling remained intact. That is why we acted now and purchased BAMC’s ownership shares, added Woleske.
"Bellin's move to own 100 percent of NorthReach will benefit NorthReach doctors, staff and patients, explained Woleske. Not only does Bellin's ownership ensure stability, Bellin will increase the level of services our health system offers to residents of Marinette/Menominee and the surrounding region. We will strengthen our local presence by delivering a team of physician specialists to improve the level of care available to the community. That means:
Bellin Health has been a trusted name in this region for more than a century, added Woleske. Our philosophy of promoting and providing access to excellent healthcare on a local level is evidenced by our strong relationships in communities throughout the region, including the neighboring communities of Iron Mountain, Escanaba and Oconto.
NorthReach, which employs more than 180 health care providers and staff, has eleven locations in Wisconsin and the Upper Peninsula of Michigan, including:
The terms of the sale were not disclosed.
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About Bellin Health
Bellin Health, http://www.bellin.org is an, integrated healthcare delivery system based in Green Bay, Wis. It has serviced people in Northeast Wisconsin and Michigan’s Upper Peninsula since 1908. Bellin Health has more than 3,200 employees and is known for its emphasis on preventive healthcare and is the region’s leader in cardiac, orthopedics, sports medicine, digestive health, mental health, and primary care medicine. It is comprised of Bellin Hospital, Bellin Psychiatric Center, 24 Bellin Health primary care physician clinics, and several retail health clinics known as Bellin Health FastCare. Bellin also operates Bellin Health Partners, a physician-hospital organization with more than 200 specialty physician members, the Bellin Health Oconto Hospital, a critical care access hospital in Oconto, Bellin Fitness, and Bellin College. Through its Bellin-ThedaCare Healthcare Partners collaboration, the health system is also a participant in the Centers for Medicare & Medicaid Services (CMS) Pioneer Accountable Care Program, generating $7.6 million in savings in 2012.