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New Name For Hospital Alliance

June 9th, 2014 by WCBC Radio

Frederick Regional Health System, Meritus Health and Western Maryland Health System announced Trivergent Health Alliance today as the name of their regional health care alliance. The group also announced that after a national executive search, Raymond A. Grahe, senior vice president and chief financial officer of Meritus Health based in Hagerstown, Md., has been named chief executive officer of Trivergent Health Alliance MSO, the management services organization that is a subsidiary of the alliance.

 

 “It truly is an honor and a privilege to be chosen as the CEO of this new and innovative enterprise,” Grahe said. “The concept of hospitals pooling resources to enhance the quality of care provided to the citizens they serve is an exciting new business model. All three hospitals are well positioned to accept the challenges posed by the Affordable Care Act and I look forward to working with my colleagues to create innovative health care solutions for our region.”

 

Raymond A. Grahe joined Washington County Hospital in 1979 and was instrumental in the successful planning and development of the replacement hospital, Meritus Medical Center that opened in Hagerstown in December 2010. As senior vice president of strategic ventures and finance, Grahe has oversight of Meritus Health’s financial health including managed care contracting, patient accounts, budgeting and capital projects. In addition, his responsibilities include information systems, practice operations, supply chain and support services. He is active in community and professional organizations, including serving as chairman of the board of Maryland Physicians Care, chairman of the board of managers of Colonial Health Alliance and treasurer of TriState Health Partners.

 

Barry P. Ronan, president and CEO of Western Maryland Health System and chairman of the board of Trivergent Health Alliance MSO, added, “Ray has been a mainstay of health care provision in mid-Maryland for the past 35 years. His expertise in operations management and his commitment to the health of the citizens we serve make him the best choice for leading this new cooperative venture. The board is confident in Ray’s ability to manage this new health care support and service model and we look forward to working with him in the years ahead.”

 

 “It is thanks to the dedication of these three visionary CEOs that Trivergent Health Alliance exists today. Their commitment to the health and well-being of the communities they serve is the driving force behind the creation of the MSO,” said Grahe. Mr. Grahe assumes his new responsibilities in early July with Dale Bushey, an 18-year, health care finance administrator, currently serving as vice president of finance for Meritus Health, stepping in as interim chief financial officer for that organization.

 

The purpose of Trivergent Health Alliance MSO is to increase operational efficiencies, reduce costs and enhance the quality of care by focusing efforts in the following areas:  human resources, information technology, laboratory services, materials management, pharmacy services and revenue cycle. Employees who are currently working in the departments mentioned above will become employees of Trivergent Health Alliance MSO in early July. The employment transitions will not impact patient care or outpatient services.

 

The unique model of cooperative engagement that created Trivergent Health Alliance and its subsidiary Trivergent Health Alliance MSO, resulted from discussions between the CEOs of the three health systems: Thomas A. Kleinhanzl, president and CEO of Frederick Regional Health System; Joseph P. Ross, president and CEO of Meritus Health; and Barry P. Ronan, president and CEO of Western Maryland Health System and with the leadership and support of each health system’s board of directors.

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