August 21, 2014 6:15 PM ET

Healthcare Providers and Services

Company Overview of Memorial Health Care System, Inc.

Company Overview

Memorial Health Care System, Inc., a not-for-profit organization, operates hospitals and health centers. It offers surgical, interventional, rehabilitation, prevention, and vascular screening services; cancer services; orthopedic services; imaging services that include echocardiography, stress echocardiography, transesophageal echocardiography, and nuclear cardiology; accredited emergency care services; and family and internal medicine, pediatrics, surgical oncology, urology, OB/GYN, and pulmonology services. The company also provides services in areas, such as diabetes and nutrition, home health, hospitalist and intensivist programs, memorial health services, lifeline personal emergency res...

2525 de Sales Avenue

Chattanooga, TN 37404

United States

Founded in 1952

Phone:

423-495-2525

Fax:

423-495-6722

Key Executives for Memorial Health Care System, Inc.

Chief Executive Officer
Chief Financial Officer and Senior Vice President of Finance
Senior Vice President
Age: 58
Chief Executive Officer of Memorial Hospital Miramar
Chief Executive Officer of Memorial Hospital Pembroke and Chief Executive Officer of Memorial Urgent Care Center
Age: 49
Compensation as of Fiscal Year 2014.

Memorial Health Care System, Inc. Key Developments

Memorial Health Care System, Inc. and BlueCross BlueShield of Tennessee, Inc. Announce New Five-Year Agreement

Memorial Health Care System, Inc. and BlueCross BlueShield of Tennessee, Inc. announced they have reached a new five-year agreement. The new contract allows BlueCross members to use services at Memorial Hospital, Memorial Hospital Hixson, and the Mary Ellen Locher Breast Center on an in-network basis in the health plan's Network P and Medicare Advantage products. Financial terms were not disclosed for the new agreement which becomes effective Sept. 1, 2012. The two parties have been negotiating for the past several months on a new contract, with the previous agreement expiring on July 31, 2012.

Memorial Health Care System, Inc. to Pay $1.3 Million to Settle Claims with the U.S. Attorney's Office and Other Government Agencies

Memorial Health Care System will pay more than $1.3 million to settle claims it allowed two doctors to use space at the hospital without paying adequate rent and provided space and services at a price lower than market share, according to a settlement the hospital reached with the U.S. attorney's office and other government agencies. According to the settlement, Memorial entered into a series of financial arrangements with certain physicians and physician groups, beginning in January 2003, that were inconsistent with fair market value and intended in part to induce physicians to refer patients to Memorial facilities. These arrangements violated the Ethics in Patients Referrals Act known as the 'Stark law' and the Anti-Kickback Statute, the settlement alleges, and resulted in the submission of false claims to the Medicare system.

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