February 2011

Nebraska Heart Institute and Nebraska Heart Hospital Sign Letter of Intent to Join CHI Nebraska

Nebraska Heart Institute and Nebraska Heart Hospital (Nebraska Heart) have signed a non-binding letter of intent to enter into negotiations to become part of CHI Nebraska. A 90-day exclusive negotiating process is expected to lead to a definitive agreement with a closing date of July 1. The letter of intent follows several years of discussion and a 30-year partnership between the organizations.

"Nebraska Heart has been our partner for many years in caring for cardiac patients," said Bob Lanik, chief executive officer for CHI Nebraska. "They are in the top five percent nationally for overall quality of cardiac care. Adding them to our system will allow us to expand access to care and services for people in the regions we serve."

With the culmination of the agreement, Nebraska Heart Hospital would become part of CHI Nebraska's hospital network, and the physicians who are currently part of Nebraska Heart Institute would become part of The Physician Network. Tom Burnell would remain the CEO of Nebraska Heart with the culmination of this agreement. "We feel CHI is a good fit for Nebraska Heart because we share a common philosophy in the way we provide outstanding health care to patients," Burnell said.