Gibbins Advisors announced as independent monitor for Mission/HCA deal compliance

Press release from Dogwood Health Trust:

Dogwood Health Trust announced today that Gibbins Advisors will be the Independent Monitor that will help ensure HCA Healthcare’s compliance with its commitment to provide quality healthcare across Western North Carolina.

Gibbins Advisors is a health care consulting firm based in White Plains, New York, and has substantial experience in hospital administration. The firm was selected after a thorough search and interview process conducted by members of the board of directors of ANC Healthcare (formerly Mission Health) and Dogwood Health Trust, as well as interviews with the Attorney General of North Carolina and HCA. Gibbins’ selection has been approved by both the Attorney General and HCA.

“We are pleased that Gibbins Advisors has been selected,” said Janice Brumit, Chair of the Board of Directors for Dogwood Health Trust. “Gibbins is a highly qualified firm that we believe will take a proactive approach to evaluating community needs.”

As Independent Monitor, Gibbins will review HCA’s annual reports, inspect hospital facilities and evaluate HCA’s compliance with its ongoing obligations under its purchase agreement with Mission Health. The firm will regularly advise Dogwood Health Trust and five regional advisory boards on HCA’s compliance, and will further serve rural communities by sharing responsibility with regional advisory boards to approve or deny changes to HCA’s commitments to local hospitals.

Dogwood, a nonprofit foundation whose sole purpose is to dramatically improve the health and well-being of people and communities across Western North Carolina, will oversee Gibbins’ performance as Independent Monitor and in helping to ensure HCA continues Mission’s legacy of providing world-class patient care.

Press release from N.C. Attorney General Josh Stein

Attorney General Josh Stein today consented to Dogwood Health Trust and ANC Healthcare’s (formerly Mission Hospital) pick for an independent monitor. The monitor will ensure compliance with the consumer protections Attorney General Stein negotiated in relation to the Mission/HCA transaction. Attorney General Stein released the following statement about this news:

“Reviewing the choice for independent monitor was one I took seriously. My office thoroughly reviewed the selection and discussed it with the new CEO of Dogwood Health Trust before consenting to this choice.

“To be successful, the monitor must take the time to engage with communities in western North Carolina. Specifically, I am looking forward to hearing about town hall meetings and other opportunities for the monitor to hear directly from the people who are impacted by HCA’s health care decisions.

“That commitment to engaging with local communities, along with the monitor’s qualifications, led me to direct my office to consent to the selection of this monitor.”

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