Jewish Hospital in Louisville, Ky., is at no imminent risk of closing, despite the University of Louisville's decision not to buy it, according to the Courier Journal.
The University of Louisville announced June 12 that it ended talks with Catholic Health Initiatives and its parent organization, Chicago-based CommonSpirit Health, about acquiring Louisville-based KentuckyOne Health's local assets, including Jewish Hospital. The university called off the discussions because it was unable to secure a partner to help with the purchase.
The long-term future of Jewish Hospital remains unclear, despite assurances from U of Louisville President Neeli Bendapudi, PhD, that Jewish Hospital will stay open, according to the Courier Journal. Two other organizations have been in continuing talks with KentuckyOne and its parent company about a possible deal: hedge fund BlueMountain Capital Management and another anonymous entity.
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