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An {{current}}The '''expansion of [[Baptist Health Care]]''' was announced on away from its main [[June 26Baptist Hospital]]campus has been attempted on several occasions, most recently in [[2008]], that includes when the purchase of organization announced plans to buy [[West Florida Hospital]] for $245 million (subject . However, after a major [[Wikipedia:Subprime mortgage crisis|credit crisis]] affected Baptist's ability to federal approval) and approximately $85 million in new constructionobtain the necessary financing, the deal was called off at the beginning of [[2009]].
Once In [[2000]], a state legislative amendment that would have benefitted Baptist Health Care with a specific Certificate of Need exemption was submitted (and quickly withdrawn) under State Representative [[Durell Peaden]]'s name, though he denied any knowledge of it and claimed "[a] lot of amendments get filed with my name on them … people think if they put my name on them, they'll pass."<ref name="hard2believe">"Editorial: Hard to believe amendment story." ''Pensacola News Journal'', May 17, 2000.</ref> Baptist admitted that their lobbyist authored the amendment, but would not identify the purchase is completesponsor. State Representative [[Jerry Maygarden]] was suspected of submitting it, as he was a senior Baptist executive and an outspoken critic of the Certificate of Need process; he insisted, however, "that was not my amendment and that was not my language."<ref name="hard2believe"/> On [[May 2]], [[2001]], in the final days of the state legislative session, Maygarden quietly arranged an amendment to a massive Medicaid bill with a provision that would allow Escambia and Santa Rosa hospitals to transfer beds to satellite facilities as needed. Officials at other major health care providers came out in opposition to the measure, saying it would benefit only Baptist, Maygarden's employer, as no other organization wanted to transfer beds. "I gave the current same authority to [[Sacred Heart Health Care|Sacred Heart]] that I gave to [[West Florida Healthcare|West Florida Hospital on ]] that I gave to Baptist," Maygarden said. "They all have satellite facilities without beds. … I have steadily told them that what they are doing is protecting market share, and I think that's wrong. I've given them all the same options. If they don't want it, that is their choice."<ref>"Maygarden draws flak for hospital legislation." ''Pensacola News Journal'', May 9, 2001</ref> The bill passed quickly, and Maygarden's amendment survived Governor [[Davis HighwayWikipedia:Jeb Bush|Jeb Bush]] will become 's line-item vetoes. After a coalition of Baptist's competitors filed suit, the new [law was declared unconstitutional by Leon County Circuit Judge Kevin Davey, who wrote in his ruling, "[t]he statute does not pertain to a matter of statewide importance, nor can the statute reasonably be construed to be a demonstration project."<ref>"Baptist Hospitalbeds won't be moving around." ''Pensacola News Journal'', December 20, 2001.</ref> In [[2004]], supplementing the presence of Baptist announced plans to build a $60 million hospital adjacent to its [[Baptist Medical Park - Nine Mile]] in north facility, which would house 96 beds transferred from the main Baptist Hospital campus. The transfer would have been the result of a coalition with about a dozen other Florida hospitals who wanted legislative exemption from the requisite Certificate of Need process.<ref name="newhospital"/> The plans were again opposed by the other area health care providers — especially [[West Florida Healthcare]], whose [[West Florida Hospital]] averaged only 33 percent occupancy and would have been less than a mile from the new hospital.<ref>"Hospitals at odds." ''PensacolaNews Journal'', February 8, 2004. </ref> The campus will feature an expanded [[Baptist Cancer CenterSanta Rosa County Commission]] in affiliation with considered opposing the Moffitt Cancer Institute; legislation on behalf of [[Baptist Neurosciences Santa Rosa Medical Center]] complemented , which would have been impacted by a rehab new hospital for neurologic and orthopaedic conditions; nearby, but ultimately did not take action. The legislation was withdrawn. However, in the same year, Baptist successfully lobbied to exempt Escambia County (among five others) from a "grow in place" bill that would have benefitted competitors like [[Baptist Sacred Heart Health System|Sacred Heart & Vascular Center of Excellence]]; and an expanded Emergency Departmentby allowing them to expand at existing facilities without state permission. The new <ref>"Bill keeps Baptist Hospital also will offer competitors at current size." ''Pensacola News Journal'', March 26, 2004.</ref> In [[2006]], Baptist Health Care was said to be in talks with [[West Florida Healthcare]] about collaborating to improve their services and reduce costs. According to West Florida president and CEO [[Dennis Taylor]], "We're trying to find ways to work together. If we can find ways to work together, it saves the community a new parking garage tremendous amount of resources."<ref>"Hospital officials mulling alliance." ''Pensacola News Journal'', July 12, 2006.</ref> These discussions were never formalized and new physician office buildingswere called off weeks later, as West Florida's parent company HCA was in the midst of a pending $33 billion buyout by a group of private investors.<ref>"Hospital alliance talks off. Additionally" ''Pensacola News Journal'', August 5, 2006.</ref> ==2008 plans==On [[June 26]], [[2008]], Baptist Health Care will assume officials announced a major expansion project that included the current purchase of [[West Florida Hospital Primary Care Practices]] (nine neighborhood medical centers)for $245 million and approximately $85 million in new construction. The expansion was intended to be completed within a few months, creating the largest primary care network in the regionwith an agreed upon deadline of [[December 31]].
→Background
==Background==For years, Baptist Health Care has sought to expand its service away from its main [[Baptist Hospital]] campus, which is located near Pensacola's urban core and provides indigent care for a large number of low-income patients. The organization signed an asset purchase agreement with West Floridahospital averages about 50 percent occupancy at any given time,<ref name="newhospital">"Baptist plans new hospital." ''Pensacola News Journal's parent company', January 15, 2004.</ref> and Baptist has sought to transfer some of its allowed acute medical care beds from Baptist Hospital Corporation to other branches in more affluent neighborhoods. However, such a transfer is only allowed after following the state's Certificate of America (HCA)Need process, overseen by the Agency for Health Care Administration, after which has repeatedly denied requests by Baptist Health Care. Baptist officials have argued that the necessary process is anticompetitive and overly regulatory approval was obtained, and that the ability to serve more "paying customers" would offset losses and increase their financial capacity to provide charity care.
{{cquote|This acquisition will enhance the best of both organizations and provides for expansion of our services to meet the needs of our patients and the community. … We know the acquisition of West Florida Hospital will allow us to continue our high standard of personal care while expanding services to serve the entire Northwest Florida region.|20px|20px|[[Al Stubblefield]], President/CEO of Baptist Health Care}}
The organization signed an asset purchase agreement with West Florida's parent company, Hospital Corporation of America (HCA), after which the necessary regulatory approval was obtained. However, the frozen credit markets related to the [[Wikipedia:Subprime mortgage crisis|subprime mortgage crisis]] and [[Late 2000s recession|recession]] prevented Baptist from obtaining the financing necessary to close the deal. According to a financial expert quoted by the ''[[Pensacola News Journal]]'', "Baptist is pretty well leveraged. They have a substantial debt load, a lot of which comes from their financing the [[Andrews Institute]]."<ref name="dealoff">"Hospital deal off." ''Pensacola News Journal'', January 1, 2009.</ref> As late as October 2008, Baptist CEO [[Al Stubblefield]] remained confident that the expansion would move forward and that Baptist was "well positioned to go to the bond markets by the end of this calendar year."<ref name="dealoff"/> However, as the deadline passed with no bonds issued, the expansion will likely not take place. Had the purchase been completed, the current West Florida Hospital on [[Davis Highway]] would have become the new [[Baptist Hospital]], supplementing the presence of [[Baptist Medical Park - Nine Mile]] in north Pensacola. The campus would have featured an expanded [[Baptist Cancer Center]] in affiliation with the Moffitt Cancer Institute; [[Baptist Neurosciences Center]] complemented by a rehab hospital for neurologic and orthopaedic conditions; [[Baptist Heart & Vascular Center of Excellence]]; and an expanded Emergency Department. The new Baptist Hospital would have also offered a new parking garage and new physician office buildings. Additionally, Baptist Health Care would have assumed the current [[West Florida Hospital Primary Care Practices]] (nine neighborhood medical centers), creating the largest primary care network in the region. Because of the merger collapse, Baptist lost an estimated $8 million in forfeited earnest money.<ref>"Cost of merger collapse: $8 million." ''Pensacola News Journal'', January 4, 2008.</ref> ==External links& references==*[http://www.bhcexpansion.org/ www.bhcexpansion.org] – Informational website about the 2008 expansion{{reflist}}
[[Category:Baptist Health Care]]