California Nonprofit to Take Over Central Maine Healthcare, Pledging Major Investments

Jan 8, 2025 at 6:11 PM

A significant shift in the healthcare landscape of Maine is on the horizon as Central Maine Healthcare (CMH), serving 400,000 residents, has agreed to be acquired by Prime Healthcare Foundation (PHF), a California-based nonprofit. Pending regulatory approval, this acquisition promises substantial changes and investments aimed at enhancing local medical services. PHF will assume ownership of all CMH facilities while maintaining existing names and leadership structures. The transition includes offering current staff positions with comparable compensation and benefits, ensuring continuity in patient care. Moreover, PHF plans to invest $150 million in facility upgrades and technology improvements across the CMH network.

Ensuring Continuity and Commitment to Local Communities

The merger between CMH and PHF aims to preserve the integrity of local healthcare services while introducing significant enhancements. All CMH facilities will retain their current names and leadership, providing a sense of familiarity for patients and staff alike. Additionally, PHF has committed to honoring existing contracts with providers and physicians, ensuring seamless continuity in medical care. This strategic partnership emphasizes the importance of community-focused healthcare, with a particular emphasis on vulnerable populations.

Devore Culver, chairman of the CMH board, expressed confidence in PHF's ability to uphold the mission and values of CMH. After visiting PHF’s hospital in Woonsocket, Rhode Island, Culver witnessed firsthand the organization's dedication to patient care, technological advancement, and community partnerships. This visit solidified his belief that PHF would be an ideal partner for CMH. The decision was made following a thorough evaluation of potential partners, focusing on those who share CMH’s commitment to improving healthcare access and quality, especially in underserved areas.

Promising Future with Substantial Investments

The acquisition agreement includes a pledge by PHF to invest $150 million in CMH facilities, focusing on modernizing infrastructure and upgrading technology. This investment will benefit various CMH locations, including Central Maine Medical Center, Bridgton Hospital, and Rumford Hospital. The funds will also support two long-term care communities and specialized centers such as the Cancer Care Center and Topsham Care Center. These improvements aim to enhance the overall patient experience and expand service offerings.

PHF’s commitment extends beyond physical improvements to include ongoing charity care and community benefit programs. By investing in advanced technology and infrastructure, PHF aims to secure a sustainable future for critical healthcare resources in Maine. This partnership represents a forward-looking approach to healthcare, combining CMH’s established presence with PHF’s proven track record of revitalizing hospitals and improving patient outcomes. The collaboration promises to bring about transformative changes that will benefit both healthcare professionals and the communities they serve.