Parkview Health and Wabash County Hospital said today they intended to pursue an affiliation agreement, the structure of which is to be defined in the coming months.
The Wabash-based hospital's board has agreed to a letter of intent, about six months after it began exploring the possibility of an affiliation, the organizations said in a statement.
"The rapidly changing healthcare environment and changes in reimbursement," among other factors, contributed to the decision, the statement said.
"We are excited to be working further with Parkview Health and look forward to our ongoing discussions," said Marilyn Custer-Mitchell, the hospital's president and CEO, in the statement. "They are a well-respected organization with strong leadership and quality physicians."
Mike Packnett, Parkview's president and CEO, said: "There are a number of opportunities to discuss as we evaluate how we may best work together to serve the Wabash community."
Wabash County Hospital is a 25-bed hospital founded in 1919. Parkview Health is a not-for-profit health system that includes eight hospitals throughout northeast Indiana, including facilities in Allen, Huntington, LaGrange, Noble and Whitley counties.