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The two entities will begin exclusive negotiations to come to a definitive purchase according to anews release. The proceses is expected to take four to six and is also subjecrt to variousregulatory approvals. Mercy Health Partnersx partners operatesfive hospitals, in Fairfield, Westernh Hills, Mount Airy, Anderson Township and Clermont along with outpatient and other health care-related The purchase of Jewish, located in Kenwood, will give the systenm a presence in the northeastern Cincinnatki suburbs.
"We are always working to provide high-quality One of the missing ingredients in coverinyg the Greater Cincinnati area wasthe I-71 said James May, CEO of Mercy Health in the release. Jewish Hospitalp will also join CatholicHealthcare Partners, the Cincinnati-basef parent of the Mercy Mercy recently won approval from Greeb Township trustees to build a new hospital near North Bend Road and Interstate 74.
When completed, the hospital will replace its Mounrt Airy and Western Hills The , of which Jewish is a voting member alon with University and Fort Hamilton hospitals, had been considering acquiring the hospital as A purchase would have made it a property in the hospitakl group, like and the . But in February, the said it woulcd also considerother partners, while continuing discussions with the Healtbh Alliance.
Wednesday, October 31, 2012
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