Teche Regional Medical Center to Transition to New Ownership at Year End
September 5, 2018
Morgan City, LA – (September 5, 2018) – The St. Mary Parish Hospital Service District (HSD) and PHC–Morgan City, L.P., an affiliate of LifePoint Health, have reached an agreement regarding the future of Teche Regional Medical Center, a 167-bed hospital based in Morgan City.
As part of the agreement, PHC-Morgan City’s lease for Teche Regional will be terminated, effective December 31, 2018, and the operations and ownership of the hospital assets will transfer from PHC-Morgan City to the St. Mary Parish HSD or the owner of the HSD’s choice.
“We are pleased to have reached this agreement,” said Dr. Natchez “Trey” Morice of the St. Mary Parish HSD. “Our top priority is ensuring that our residents have access to the healthcare they need when and where they need it. We look forward to working with the Teche Regional team to explore ownership options to secure the long-term success of the hospital.”
“We are honored to have been part of the Morgan City community,” said Brad Owens, chief operating officer of LifePoint Health’s Western Group, which includes Teche Regional Medical Center. “We are proud of all we have accomplished with the Teche Regional team, and hopeful that a change in ownership will position the hospital well in the evolving healthcare environment. We are committed to ensuring a successful transition of Teche Regional to a new owner and wish its team all the best into the future.”
This transition will be seamless for patients with no disruptions in care and no changes in how Teche Regional is contacted or accessed.
About Teche Regional Medical Center
Teche Regional Medical Center, located in Morgan City, Louisiana is a 167-bed hospital staffed and ready to serve St. Mary Parish and beyond 24 hours a day, seven days a week. Our dedicated, professional staff members along with our highly skilled physicians deliver quality health care to the people of the communities we serve. Our patient experience is our top priority and we continuously strive to be the hospital of choice for our community. Fully accredited by The Joint Commission, Teche Regional provides a broad range of healthcare services important to the health of our patients.