The Riverhead, New York -based Peconic Bay Medical Center on Friday said it plans to join the North Shore-Long Island Jewish Health System, one of the nation’s largest hospital networks.
The deal, which still needs regulatory approvals, would end the hospital’s relationship with Stony Brook University Hospital, a teaching hospital located in central Long Island.
“After an exhaustive strategic planning process, we’ve concluded that partnering with North Shore-LIJ is in the best interest of the men, women and children who depend on PBMC. We believe this decision ensures we are capable of meeting not just the current needs but future health and wellness challenges of central Suffolk County and eastern Long Island,” said Sherry Patterson, chair of the PBMC board, in a statement. “In addition, this agreement would establish important new regional medical services and provide long-term stability for our patients during a time of great volatility in the healthcare market.”
Peconic Bay Medical Center serves about 220,000 people located on the North Fork of New York’s Long Island region. It employs 1,300 and cares for more than 7,000 inpatients and 168,000 outpatients annually.
North Shore-LIJ, on the other hand, is a giant system based in Long Island’s Nassau County. It employs 54,000 and runs 19 hospitals and 400 outpatient centers.
Peconic Bay last year announced that it was trimming staff as a result of economic pressure tied to a drop in inpatient admissions and the rise of outpatient care.
“All of us recognize the challenges facing healthcare providers nationwide as we adapt to changes in the way healthcare is accessed, delivered and paid for,” North Shore-LIJ CEO Michael Dowling said in a statement. “By working in an integrated and collaborative way, and investing in new initiatives and key clinical programs aimed at attracting new customers, we’re confident we can position the hospital for future success while fulfilling our shared mission of improving the quality of life in the local communities we serve.”