Ardent Health Services previously offered $69.8 million for the system and pledged an addition $70 million to upgrade its facilities.
CHS visited Forum in late July, and made its offer just a day before Forum is scheduled to close the bidding process.
Ohio Attorney General Richard Cordray recently approved the Ardent acquisition, but the new bid makes the future of the three-hospital health system less certain.
Read the Business Journal Daily report on Forum Health.
Read more coverage on Forum Health:
– Ardent’s Deal to Buy Forum Health in Question After CHS Schedules Meeting With the System
– Ardent Health Services to Buy Bankrupt Forum Health for $69.8M
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