|March 29, 2013
Livingston HealthCare and Billings Clinic sign affiliation agreement
Billings, MT— Livingston HealthCare and Billings Clinic signed a formal affiliation agreement this week culminating a thoughtful process to structure a new governance arrangement between the two organizations. In the new arrangement, Billings Clinic will continue providing management services for Livingston HealthCare as it has for the past 11 years. Additionally, Billings Clinic will appoint 25% of the members for the governing board of Livingston HealthCare.
A major goal of the new affiliation is to continue enhancing medical services for the Livingston area through the benefits of collaboration and to build a much needed new medical campus. A new medical campus is planned for the east edge of Livingston on land that was donated by Ted and Georgann Watson. Plans for financing of the project are nearing completion and are proposed to be accomplished through a variety of sources. Sources include a low interest loan that has been secured through USDA, financing through local Livingston banking institutions and philanthropic efforts. Tentative plans for construction are slated for later this year. Construction of the new bridge across the Yellowstone River on Highway 89 is currently underway and is estimated for completion in time to coincide with construction of the new medical campus.
"We are very excited about how this journey is resulting in a relationship with Billings Clinic that will help us continue to enhance medical services for our community," said Michelle Becker, President of the Livingston HealthCare Board of Directors.
The affiliation agreement covers a wide spectrum of ways to collaborate that are intended to enhance patient care in Park County and the surrounding area.
"Billings Clinic believes in the longterm benefits of this relationship and that by working together, we can make a positive difference in how health care is delivered in the region," Billings Clinic CEO, Dr. Nicholas Wolter stated. "We are in this for the long run."