McCullough-Hyde Memorial Hospital in Oxford, Ohio, and Cincinnati-based Mercy Health have announced they will explore a strategic affiliation to enhance quality healthcare services.

Both hospitals will now enter into exclusive discussions for tailoring an affiliation that will benefit both entities.

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McCullough-Hyde officials will consider a variety of relationship models, although they intend to retain local ownership and control. The process will take an estimated six to eight months.

"The number of affiliations in Ohio has grown immensely in the face of healthcare reform. These affiliations will result in 50 independent, community hospitals, compared to 86 a decade ago."

The McCullough-Hyde board began investigating potential affiliations in October 2012. The hospital decided to explore affiliation options to maintain a position of financial strength and prepare for future changes and challenges.

McCullough-Hyde CEO Bryan Hehemann said the hospital is fortunate to be making this decision from a position of strength.

"We are financially strong, but being proactive allows us to take our future into our own hands. Maintaining a strong local health system has always been and will remain our mission. A relationship with Mercy Health will only reinforce that charge," Hehemann said.

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According to an October analysis by the Newark Advocate and CentralOhio.com, the number of affiliations in Ohio has grown immensely in the face of healthcare reform. These affiliations will result in 50 independent, community hospitals, compared to 86 a decade ago, the report said.

Mercy Health market president and CEO Yousuf Ahmad said the hospital is excited about the opportunity to discuss an affiliation with McCullough-Hyde Memorial Hospital.

"Our vision is to build a network of care across the region that offers quality care with compassion, close to home. We look forward to working together to strengthen McCullough-Hyde’s position as the leading provider of local, quality healthcare in the communities it serves," Ahmad said.

McCullough-Hyde Memorial Hospital, a comprehensive, fully accredited hospital with highly trained staff and state-of-the-art equipment, provides about 120,000 outpatient services annually including more than 2,600 admissions, nearly 16,500 emergency room visits and more than 420 births each year.

Mercy Health is a premier healthcare provider that has been serving Greater Cincinnati for more than 160 years.