Sparrow and TCI finalize purchase agreement

Published: Dec. 28, 2009

LANSING, Mich. - Leaders from Sparrow and Thoracic and Cardiovascular Institute (TCI) today jointly announced the completion of an agreement that fully integrates TCI into the Sparrow family. Today's agreement formalizes Sparrow's relationship with TCI and will go into effect on Dec. 31, 2009.

"This is a vital step toward achieving Sparrow's vision of becoming a national leader in quality and patient experience," said Dennis A. Swan, President and CEO of Sparrow. "This agreement ushers in a new era for exemplary, comprehensive heart and vascular care in the region. The clinical integration of the region's largest cardiovascular group along with Sparrow's current team of private practice cardiologists, Michigan State University faculty cardiologists and the Sparrow Heart and Vascular Center -- the area's most technologically advanced facility -- represents a significant step forward for health care in mid-Michigan."

In early February TCI will begin offering outpatient diagnostic services such as echocardiograms, treadmill tests, nuclear stress tests and vascular tests in Suite 580 of the Sparrow Professional Building. TCI will also offer similar outpatient diagnostics in Suite 400 of the Greenlawn Professional Building. .

TCI patients should expect no interruption in the care provided by their TCI cardiologist, and will continue to receive services at all current TCI offices located throughout mid-Michigan, including Lansing, St. Johns, Ionia, Carson City, Charlotte, Eaton Rapids, Owosso, Mt. Pleasant and Williamston as well as all hospitals in those cities, including Ingham Regional Medical Center in Lansing.

"Enhancing collaboration between hospitals, physicians, the university and other stakeholders is key to providing the highest-quality health care," said Dr. Michael James, President of TCI. "TCI and Sparrow look forward to strengthening our relationship, aligning interests and striving to become a national leader in heart and vascular care.