Triad Medical Agencies Make Deal To Share Assets

Two Triad health-care groups are partnering to improve patient care and slow the cost of running their respective facilities.

Rather than merging, Greensboro's Moses Cone Health System and Winston-Salem's Wake Forest University Baptist Medical Center are creating a third not-for-profit corporation to be called The HealthCare Alliance. It will provide a legal framework to coordinate joint ventures.

Hospital officials said other partners could be added later, and that patient care will not be affected immediately.

Officials said they believe the partnership will let the two systems share information and data. Each system also will be able to learn from the successes of the other. And officials expect the partnership will lead to better patient care, higher-quality research and better education for medical students and other medical professionals.