Memorial East Texas’ new owners receiving positive community fee - KPLC 7 News, Lake Charles, Louisiana

Memorial East Texas’ new owners receiving positive community feedback

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LUFKIN, TX (KTRE) -

A new owner means new opportunity for Lufkin Memorial.

"This partnership, this merger will also help memorial to become the regional medical center," said Dr. Ravinder Bachireddy, Chief of Cardiology.

Since 1949 Memorial has been serving patients throughout deep east Texas.

Thursday the hospital board signed a letter of intent to transfer ownership to Catholic Health Initiatives.

"The leadership of Memorial Hospital has taken this whole community into consideration as they look for someone to make them stronger," said Bob Brown, Lufkin Mayor.

Deputy City Manager Keith Wright says the merger with CHI could bring connections to St. Luke's, Baylor College of Medicine and The Texas Heart Institute in Houston.

Connections that Wright believes will make a major impact on the city's economic growth.

 "If we can draw on that expertise bring that expertise to Lufkin it's going to benefit our economy it's going to benefit our patient base in our hospitals," said Wright.

 Memorial's Chief of Cardiology Dr. Ravinder Bachireddy says the merger means taking how physicians are able to treat patients to the next level.

"A significant amount of resources that are at our disposal so that we can do better this basically prepares us for the future," said Bachireddy.

Friday CHI and Memorial representatives were at Memorial Medical Center in Livingston to announce the new owner.

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