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Baptist Healthcare’s Future Investments Outlined in Article

In a recent article in Business First Louisville, executives from Baptist Healthcare outlined the current state of the healthcare system and vision for the coming years. Gerard Colman, CEO of Baptist Healthcare System Inc., and Jody Prather, chief strategy officer, sat down with Business First reporter Chris Larson to discuss the system’s continued investment in the Commonwealth.

Colman detailed Baptist Healthcare’s plans to invest $1 billion in system hospitals, physician practices and “next-generation” healthcare system. These investments come following two years of positive financial gains, a reversal from recent trends.

According to the article, Colman said, “We have to grow and obviously to meet the needs of the community. We had a lot of challenges with growth across the commonwealth for several years and now we’re refocused and pivoted now, where we’re actually looking at in great detail really improving our access throughout the entire continuum.”

Highlights of the Future Investments:
Focus on three markets – Greater Louisville area, Lexington and Elizabethtown – totaling at least $690 million in local improvements.
Building “multi-specialty ambulatory healthcare centers” that will provide patients will a single location for specialty care (locations to be determined).
Embrace online health care like telemedicine for access without patients going to a hospital.

When asked about the growth strategy, Colman said, “I describe this as thoughtful, patient-focused.”

To read the entire Business First Louisville article and review Baptist Healthcare’s planned investments, click here.

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