Health News
Without a partner, University Hospital's viability is 'questionable at best,' consulting group concludes
University Hospital in Louisville needs a partner that will help it grow, a consulting firm informed a committee reviewing the facility's operations Wednesday. "Even with operational and strategic improvements, the economic viability of University Hospital is questionable at best," they said.
"While the organization is working very hard to make improvements ... the gap between where you are as an organization and where you need to get to be a viable organization is very steep," said consultant Craig Anderson Sr. of Dixon Hughes Goodman of Hudson, Ohio. "At the end of the day, any organization need an access to capital."
Laura Ungar of The Courier-Journal notes that the findings are in keeping with University Hospital's search for a partner, which it has long been looking to find. Last year, Gov. Steve Beshear nixed plans for the publicly-owned hospital to join, among others, a Catholic-based organization that would have limited some procedures it could offer because of the organization's religious tenets.
University Hospital has delayed its selection of a new partner until the end of June to give more time for negotiation.
"The two major conclusions are what the university would like to have heard: That partners and capital are needed," said Dr. Peter Hasselbacher, a merger critic and former professor of medicine at U of L who attended the meeting. "We need to ask: How did we get here?" (Read more)
-
University Hospital Cuts Contribution To U Of L By Half
University Hospital. Photo by Bill Luster, The Courier-Journal.In the midst of financial woes, University Hospital gave just half of what it normally does to the University of Louisville Health Sciences Center ? and is considering reducing its contribution...
-
Same Catholic Health System Considering University Hospital's Request For Proposals
Though Gov. Steve Beshear twice rejected a proposal that would have merged it with a Catholic health system, University Hospital's expected release of a request for proposals is drawing attention from the same Catholic health system, reports Laura...
-
Critics, Proponents Debate Louisville Hospital Merger
Questions regarding ectopic pregnancy, end-of-life care and funding for indigent care were addressed Wednesday by proponents and critics of a proposed merger between University Hospital, Jewish Hospital & St. Mary's HealthCare and St. Joseph Health...
-
Hospitals Merging To Shore Up Finances And, As Federal Health-reform Law Encourages, Improve Patient Outcomes
With one expert calling it "merger mania," Robert Hadley of The Lane Report looks at how Kentucky hospitals and hospital systems are banding together as they brace for reimbursement changes mandated in the new health care law. The most discussed merger...
-
Baptist Hospital East Would Allow U Of L Docs To Perform Tubal Ligations There After Merger With Catholic System
Since the merger between Jewish Hospital, University Medical Center and Saint Joseph Health Systems will prevent female patients from getting their tubes tied there ? because St. Joseph is owned by a Catholic-based parent company ? Baptist Hospital East...
Health News