Thursday, June 9, 2011

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

xiwyxucupewox.blogspot.com
The two entities will begin exclusive negotiations to come to a definitivdepurchase agreement, according to a news release. The proceszs is expected to take four to six and is also subject to variousregulatory approvals. Mercuy Health Partners partners operatesfive hospitals, in Western Hills, Mount Airy, Anderson Township and Clermont County, alont with outpatient and othert health care-related facilities. The purchasde of Jewish, located in Kenwood, will give the systek a presence in the northeasternCincinnati suburbs. "Wes are always working to provide high-quality care.
One of the missin g ingredients in covering the Greater Cincinnati area wasthe I-71 said James May, CEO of Mercy Health in the release. Jewish Hospital will also join CatholicHealthcard Partners, the Cincinnati-based parent of the Mercyg system. Mercy recently won approval from Greeb Township trustees to build a new hospitalk near North Bend Road andInterstate 74. When the hospital will replace its Mount Airy and WesternnHills facilities. The , of which Jewisjh is a voting member alony with University and FortHamilton hospitals, had been considering acquirinv the hospital as well. A purchase woule have made it a property in thehospitalk group, like and the .
But in February, the said it wouldx also considerother partners, while continuingh discussions with the Health Alliance.

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