Tradition Medical Center is one of the most visible buildings along I-95 on the Treasure Coast, but it now has a new name.
The Cleveland Clinic is taking over Martin Health Systems, and Indian River Medical Center.
“These communities will have access to world-class health care for the foreseeable future," said Dr. Wael Barsoum, President of Cleveland Clinic Florida.
Martin Health Systems had entered into a heart care affiliation last year with the Cleveland Clinic.
“We are saving lives today that we would not have been able to save in the past," said Rob Lord, President of Cleveland Clinic Martin Health.
Patients should see no disruptions, and could gain access to clinical trials. “Continue to see the doctors, continue to go to appointments, none of that changes," added Lord.
Cleveland Clinic will be investing heavily in the area: $500 million over the next five years for the three Martin Health hospitals, and $250 million over the next 10 years for Indian River Medical Center, which had been losing money recently.
Clearly bringing the resources not just the financial resources, but the human resources, the expertise, the clinical care, will improve upon what’s already there," said new president of Cleveland Clinic Indian River Hospital Dr. Gregory Rosencrance.
Martin Health Systems is engaged in two major expansion projects: Expanding the ER at the hospital in downtown Stuart and building a major outpatient facility along Kanner Highway.
Jobs and benefits for Martin Health employees will be continued for at least one year and Cleveland Clinic pledged to support area nonprofits, and provide charity care.