The ownership structure of Prisma Health involves distinct entities, particularly concerning its physical assets and operational management. The Greenville Health Authority (GHA) is the entity that owns the healthcare facilities managed by Prisma Health.
Understanding the Ownership Structure
While Prisma Health operates as a comprehensive healthcare system, the direct ownership of many of its foundational assets, specifically the healthcare facilities in its Upstate region, rests with a separate public entity.
The Role of Greenville Health Authority (GHA)
The Greenville Health Authority (GHA) holds ownership of the healthcare facilities that Prisma Health manages and operates. This establishes GHA as the owner of significant physical infrastructure utilized by the healthcare system.
Prisma Health's Operational Management
Prisma Health functions as the operator and manager of these facilities. This operational arrangement means that while GHA owns the properties, Prisma Health is responsible for delivering healthcare services within them. For instance, Prisma Health leases and operates these facilities specifically as Prisma Health-Upstate. This leasing agreement, involving an Upstate Affiliate Organization, was established in 2016, outlining the operational framework.
This distinction highlights that ownership of the physical assets (the facilities) is separate from the entity that manages and operates the healthcare services provided within them.
Key Entities and Their Roles
To clarify the relationship, here's a summary of the primary entities and their respective functions concerning Prisma Health's operations:
Entity | Primary Role | Details |
---|---|---|
Greenville Health Authority | Owns healthcare facilities | Holds the ownership of the physical hospital buildings and other properties. |
Prisma Health | Manages and Operates healthcare services | Leases these facilities and runs all patient care operations within them, notably as Prisma Health-Upstate. |
This collaborative model allows for specialized roles, with the GHA overseeing asset ownership and Prisma Health focusing on providing comprehensive healthcare services to the community.