Floyd Memorial Engages H2C in Their Strategic Partnership Search

On July 28, 2015, during the Floyd Memorial Hospital and Health Services Board of Trustees’ normal monthly meeting, the Board voted in favor of engaging Hammond Hanlon Camp LLC (H2C), a strategic advisory and investment banking firm headquartered in New York, to lead them in their strategic partnership search.

Floyd Memorial’s executive team and the Board will immediately begin work with H2C to identify all the many options available to Floyd Memorial as they plan for their future.

H2C is an independent investment banking and strategic advisory firm with an exclusive focus on healthcare services, companies and related organizations.  H2C senior professionals have been lead advisors on hundreds of transactions in the healthcare industry, representing billions of dollars of value.  They have worked with leading health systems across the country and executed some of the most creative transactions in the healthcare industry. The company traces its heritage back over 30 years through its predecessor organizations, including Shattuck Hammond Partners.

Michael Hammond, who will be the lead principal on the Floyd Memorial account, is a native of New Albany who continues to have strong roots here.

“Floyd Memorial is in a position of strength to begin this process.  When you combine that with expertise from H2C, we believe Floyd Memorial will have many favorable options to choose from,” said Dan Eichenberger, MD, Interim CEO and President at Floyd Memorial.  “At this point, it is important to note we are willing to look at all possible options.  As those options are presented, we will want to ensure they are in the best interest of our hospital, county, patients, associates and physicians.”