DOVER-FOXCROFT - A plan that will merge eight Penquis area physician practices directly into the operations of Mayo Regional Hospital has been approved by the Hospital Administrative District 4 Board of Directors, effective April 1.
As a result of the action, Mayo Regional Administrative Services Corporation (MRASC), a wholly-owned subsidiary of the hospital formed in 1995 to manage physician offices, will no longer legally exist. A new hospital department, Mayo Practice Associates, will assume responsibility for the practices. Mayo is a municipally-owned and operated nonprofit corporation, governed by directors elected from the 12 member towns in HAD 4.
Practices affected by the merger include Corinna Family Practice, Dexter Internal Medicine, Dover-Foxcroft Family Medicine, Guilford Medical Associates, Mayo Pediatrics, Mayo Surgical Associates, Mayo Women’s Health and Milo Family Practice.
“ Other than a change in signage, the public should see no differences as a result of this merger,” said Ralph Gabarro, Mayo Regional CEO.
The merger was completed in order to promote the cost-effective, comprehensive delivery of medical services and to maximize delivery of those services to residents of communities served by Mayo. The action was based on a financial analysis and study conducted by the hospital’s administration, with assistance from the accounting firm Baker, Newman & Noyes.
All former MRASC assets and liabilities will be transferred to the hospital as a result of the merger. All former MRASC employees will be retained by Mayo.
|Back to News||Home||Print This Story|