University Hospital opens bidding for potential partnership to help finances

University Hospital opens bidding for potential partnership to help finances

University Hospital opens bidding for potential partnership to help finances

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by WHAS11

WHAS11.com

Posted on February 17, 2012 at 9:57 PM

(WHAS11) – University Hospital is searching for a new partner to help stabilize finances at the struggling facility. It comes six weeks after Governor Steve Beshear rejected a proposed full-asset merger with a catholic healthcare system.

Thursday night UofL trustees voted to give University Medical Center the green light to request proposals on something less than a full-asset merger. UofL President James Ramsey says this plan would not need approval from the governor.

“On the full asset merger, the governor had to approve the lease of the facility. Anything less than full asset merger would not require a lease and wouldn’t involve the control issues the governor expressed his concern with,” says Ramsey.

Ramsey says they are opening the public bid to anything who may be interested in a partnership with University Hospital. He also says Jewish, St. Joseph, and Baptist East hospitals have all expressed interest.

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