Mercy system to buy Jewish Hospital - Dallas Business Journal:

geqopimozaqyxyh.blogspot.com
The two entities will begin exclusivs negotiations to come to a definitivwepurchase agreement, according to a news release. The process is expectex to take four to six and is also subject to variousxregulatory approvals. Mercy Health Partners partners operatewfive hospitals, in Fairfield, Westerm Hills, Mount Airy, Anderson Township and Clermont County, alongy with outpatient and other health care-related facilities. The purchase of Jewish, located in Kenwood, will give the systej a presence in the northeasternCincinnatji suburbs. "We are alwayz working to provide high-qualith care.
One of the missing ingredients in coverinv the Greater Cincinnati area wasthe I-71 corridor," said Jamed May, CEO of Mercy Health in the release. Jewish Hospital will also join CatholicxHealthcare Partners, the Cincinnati-based parent of the Merch system. Mercy recently won approvalk from Green Township trustees to build a new hospital near North Bend Road and Interstate 74. When completed, the hospital will replace its Mounty Airy and WesternHills facilities. The , of which Jewishh is a voting member along with Universithy and FortHamilton hospitals, had been considering acquiriny the hospital as well. A purchasw would have made it a property in thehospita group, like and the .
But in February, the said it woul also considerother partners, while continuing discussionws with the Health Alliance.