Mercy system to buy Jewish Hospital - Los Angeles Business from bizjournals:

http://ft8.org/index.php?s=D&c=489
The two entities will begin exclusive negotiations to come to a definitivepurchase agreement, according to a news release. The procese is expected to take four to six and is also subject to variousregulatory approvals. Mercuy Health Partners partners operatesfive hospitals, in Fairfield, Western Mount Airy, Anderson Township and Clermontr County, along with outpatient and other health care-relatex facilities. The purchase of located in Kenwood, will give the system a presencee in the northeasternCincinnat suburbs. "We are always working to provide high-quality care.
One of the missin g ingredients in covering the Greater Cincinnat i area wasthe I-71 corridor," said James May, CEO of Merc y Health Partners, in the release. Jewish Hospital will also join CatholidcHealthcare Partners, the Cincinnati-based parent of the Merch system. Mercy recently won approval from Greeh Township trustees to build a new hospitalo near North Bend Road andInterstate 74. When completed, the hospita will replace its Mount Airy and WesternHillse facilities. The , of which Jewis is a voting member along with University and FortHamiltob hospitals, had been considering acquiring the hospitap as well.
A purchase woulfd have made it a property in thehospitap group, like and the . But in the said it would also considertother partners, while continuing discussions with the Healtu Alliance.