Board members of the Atlantic General Hospital Corporation have voted overwhelmingly to proceed with their planned merger with TidalHealth.
Out of 77 members present in person or by proxy for the March 27 meeting, there were 72 votes in favor of approving the merger transaction, and five votes in opposition, according to Don Owrey, chief executive officer of AGH.
Both parties are in the process of providing the necessary notices and disclosures to the various regulatory agencies ahead of the expected May 1 start of their agreement.
The TidalHealth corporate board still must also approve the transaction, a vote that was slated to occur at a April 3 board meeting, according to spokesman Roger Follebout.
Five weeks ago, TidalHealth provided formal written notice to the state of Maryland, which is required by law at least 30 days ahead of a merger date, according to Tracey DeShields, the director for policy development and external affairs at the Maryland Health Care Commission (MHCC).
The Feb. 28 letter also sets May 1 as the date in which TidalHealth would become the sole member of the AGH corporation. Both parties had signed a letter of intent to merge Dec. 12.
“The parties have determined that it is in the best interests of their respective communities to affiliate and that the integration of AGHC into the TidalHealth system will increase the availability of opportunities for, and improves access to, quality healthcare services in the geographic area served by both parties,” wrote TidalHealth’s attorney Molly Ferraioli in the letter to the MHCC.
Now Tidal Health will own every medical facility on the entire Eastern Shore. Can you say “monopoly”?
tidal health is a monopoly, they need breaking up instead of being allowed to eat up all the competition. Now you’ll get the same substandard dei care no matter where you go.
my wife works at Total Death in Salisbury and says they are having trouble getting mice out of her dept.
total death doesn’t have patients, they have customers. if you have insurance you are a great customer and they want you to keep returning. if you show up with a gun wound and no insurance card, no problem, they’ll sew you up and bill those with insurance.
Now you will get $hitty care where ever you go!