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For More Information,
Contact:
Carole Biancardi,
Director
219.886.4779

Corporate Communications
Media Coordinator
219.886.4412

Methodist Hospitals Announces Partnership in Excellence
Program with FTI Cambio Health Solutions

Gary, Indiana: (September 26, 2006) --- Methodist Hospitals has engaged FTI Cambio Health Solutions, LLC, a national leader in hospital operations and quality improvement, to launch a Partners in Excellence Program aimed at enhancing efficiency, quality and financial performance.

The agreement is effective beginning October 1, 2006. Charles Brooks, Chairman of Methodists’ Board of Trustees, made the announcement of the agreement. “The Healthcare industry is one of the most rewarding yet challenging imaginable. Our goal is to strengthen Methodists’ ability to fund its future as well as patient and physician needs. FTI Cambio has an outstanding track-record helping other hospitals to get that done. We are delighted to have them as our partner.”

Under the terms of the agreement, FTI Cambio will work with hospital senior executives and employees to provide specific operations expertise and implementation support to help strengthen the hospital and the services it provides to the community. Training and transfer of knowledge are key features of the relationship. Ed Charbonneau, Vice Chairman of the Board and acting Chief Executive Officer, points to FTI Cambio’s work for Wishard Health Services in Indianapolis as an example of what can be accomplished with the right partner. “We spoke in person to people at Wishard who confirmed the magnitude of financial improvement FTI Cambio helped them to achieve. It was truly impressive and patient access and quality scores increased.”

“It is a privilege for us to have the opportunity to work with Methodist Hospitals,” said FTI Cambio’s Senior Managing Director, Tom Singleton. “Our capabilities and experience match their needs which we have discussed with their executive staff and board. We are impressed with the dedication of the employees, medical staff and governing board, and look forward to working with them.”

John Barney, a member of the board who helped finalize the partnership, stated that, “FTI Cambio emphasizes a hands-on approach – a systematic method for determining the overall position of a hospital and the areas to focus on for improvement. We were very impressed with their professionals.”

FTI Cambio Health Solutions, LLC is nationally recognized for hospital turnaround management support and performance enhancement services, implementation support, and related consulting services to hospitals and health systems nationwide. FTI Cambio has provided sustainable solutions for over 17 years. Clients include Catholic systems, academic medical centers, safety-net providers, integrated delivery systems, not-for-profit hospital systems, and independent hospitals.

 

 

 

 

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