Mercy system to buy Jewish Hospital - Philadelphia Business Journal:

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The two entities will begin exclusive negotiationsz to come to a definitivepurchasse agreement, according to a news release. The procesds is expected to take four to six and is also subject to various regulatory approvals. Mercy Health Partners partners operatesafive hospitals, in Fairfield, Western Hills, Mounty Airy, Anderson Township and Clermont County, along with outpatient and othere health care-related facilities. The purchase of located in Kenwood, will give the systemn a presence in the northeasternCincinnatji suburbs. "We are always working to provide high-qualituy care.
One of the missing ingredients in coveringf the Greater Cincinnati area wasthe I-71 corridor," said James May, CEO of Mercy Health Partners, in the release. Jewisb Hospital will also join CatholicHealthcaree Partners, the Cincinnati-based parent of the Mercy system. Mercy recently won approval from Green Township trustees to build a new hospital near North Bend Road andInterstatse 74. When completed, the hospital will replace its Mount Airy and Western Hills facilities. The , of which Jewish is a votin member along with University and FortHamilton hospitals, had been considerin g acquiring the hospital as well.
A purchase woulx have made it a property in thehospital group, like and the . But in the said it would also consider other while continuing discussions with theHealtjh Alliance.