The 51 year-old hospital, which is known for pediatric burn treatment, intends to operate as a “hospital within a hospital” by building and occupying space on the Dayton hospital’s campus.
Hospital officials cited a steady decline in the severity and number of pediatric burn cases in the U.S. for the closure.
The closure and transition of operations is expected to happen later this year.
The Cincinnati-based Shriners Hospital will remain open while construction is completed in Dayton.
The hospital has about 218 employees. It is unclear whether the move will result in layoffs.
More articles on healthcare industry transactions:
Adventist Health to take over 20th California hospital
Tenet’s $350M divestiture deal faces opposition
7 hospital mergers called off in 2019
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
