Wednesday, February 10, 2021

CHRISTUS Health Expands Presence in TX



A Dallas healthcare system administrator, Paul Generale has served as the executive vice president and chief strategy and network officer with CHRISTUS Health since 2016. With an emphasis on ensuring quality healthcare within an expanding health care system, Paul Generale oversees a network that comprises New Mexico, Louisiana, and Texas.

As part of its expansion efforts, CHRISTUS Health announced in December 2020 that it had signed a letter of intent to pay $27 million for Hopkins County Hospital District’s stake in a joint venture. The letter of intent has been approved, and final negotiations are now underway. In 2016, the CHRISTUS Hopkins Health

Alliance partnership was forged as a way of jointly operating and managing CHRISTUS Mother Frances Hospital, located in Sulphur Springs, Texas, as well as its associated clinics.

At the time that the joint venture was established, Hopkins County Hospital District possessed a 49 percent stake, while CHRISTUS possessed a 51 percent stake. Through the acquisition of the district’s stake, CHRISTUS will become the sole operator of CHRISTUS Mother Frances Hospital.

The acquisition was described as an opportunity for CHRISTUS Health to continue to ensure high levels of care to patients across northeast Texas. As part of the transaction, the faith-based health provider made a commitment to invest significantly in a number of capital improvement projects. Over the course of a five-year period, $5 million will be invested in areas that extend beyond basic care and encompass physician recruitment and IT capacities. At the same time, the Hopkins County Hospital District will contribute as much as $2 million each year to the CHRISTUS Hopkins Alliance to cover the cost of indigent care for patients with limited financial resources.  

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