U of Louisville seeks partner for Jewish Hospital acquisition

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The University of Louisville (Ky.) has formally opened a search for a partner to join in its potential purchase of Louisville-based Jewish Hospital and other local healthcare assets KentuckyOne Health wants  to sell, according to WDRB.com.

Partners could range from a healthcare company to an investment firm, and the university has already had preliminary partnership talks with Nashville, Tenn.-based Ardent Health Services. The goal would be to form a joint venture that would purchase and operate the KentuckyOne facilities.

"In our ideal world we would look for somebody who can bring the financial resources needed but who would also have the operational expertise," said Neeli Bendapudi, PhD, president of the University of Louisville.

While the university does not want to front all the capital necessary for the purchase, a partner would receive all the resources of University of Louisville Hospital, the Brown Cancer Center and the University of Louisville Physicians.

"Academic medical centers, that’s what we bring to the table," said Dr. Bendapudi.

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