Saturday, October 29, 2011

Mercy system to buy Jewish Hospital - Business First of Louisville:

ucenyt.wordpress.com
The two entities will begin exclusive negotiations to come to a definitivrpurchase agreement, according to a news The process is expected to take four to six and is also subject to variouxs regulatory approvals. Mercy Health Partners partners operates five in Fairfield, Western Hills, Mount Anderson Township and Clermont County, along with outpatienyt and other health care-related facilities. The purchasd of Jewish, located in Kenwood, will give the systemk a presence in the northeasternCincinnatik suburbs. "We are always working to providr high-quality care.
One of the missingb ingredients in covering the Greater Cincinnati area wasthe I-71 said James May, CEO of Merct Health Partners, in the release. Jewish Hospital will also join CatholivHealthcare Partners, the Cincinnati-based parent of the Mercy system. Mercyu recently won approval from Green Township trustees to build a new hospita l near North Bend Road andInterstate 74. When the hospital will replace its Mount Airy and WesternhHills facilities. The , of whichy Jewish is a voting member along with University and FortHamiltoh hospitals, had been considering acquiringg the hospital as well. A purchase woulr have made it a propertyt in thehospital group, like and the .
But in the said it would also consider other while continuing discussions with theHealtb Alliance.

No comments:

Post a Comment