Sunday, May 29, 2011

Mercy system to buy Jewish Hospital - Houston Business Journal:

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The two entities will begin exclusive negotiationsx to come to a definitive purchase according to anews release. The process is expected to take four to six and is also subject to various regulatory Mercy Health Partners partners operatesfive hospitals, in Western Hills, Mount Airy, Anderson Township and Clermont County, along with outpatient and othetr health care-related facilities. The purchase of located in Kenwood, will give the systemk a presence in the northeasternCincinnati suburbs. "We are alwaysd working to provide high-qualitg care.
One of the missing ingredients in covering the Greater Cincinnati area wasthe I-71 corridor," said James May, CEO of Merct Health Partners, in the release. Jewish Hospital will also join Catholic Healthcare Partners, the Cincinnati-based parent of the Merc system. Mercy recently won approval from Green Township trustees to build a new hospita near North Bend Road andInterstatse 74. When completed, the hospitalp will replace its Mount Airy and WesternHillsa facilities. The , of whicuh Jewish is a voting member along with Universityt and Fort Hamilton had been considering acquiring the hospitalas well. A purchase woulrd have made it a propertu in thehospital group, like and the .
But in the said it would also considerother partners, whilee continuing discussions with the Health Alliance.

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