Hospital Integration Complete
OLEAN, NY— Olean General Hospital and Bradford Regional Medical Center have taken a significant step aimed at providing greater health care opportunities in the region by integrating under a new parent company, the Upper Allegheny Health System. Approved and effective as of November 5, 2009, the integration will enable both hospitals to better respond to health care needs of the region and financial challenges that are the result of reductions in reimbursements from health insurers and payers. "The integration of our two hospitals will position us to provide even greater care and service to the 150,000 area residents who depend upon our two hospitals for health care services,” said Timothy J. Finan, President and CEO of Upper Allegheny Health System. Prior to the hospitals’ integration and formation of the parent company, Mr. Finan was President and CEO of Olean General Hospital. According to Finan, the hospitals’ integration will enhance the hospitals’ ability to introduce new an...