Ohio’s Sisters of Charity and University Hospitals Amend Ownership Agreements

Sisters of Charity Health System and University Hospitals in Cleveland announced that they will amend their current 50/50 joint ownership agreement for St. Vincent Charity Hospital in Cleveland and Mercy Medical Center in Canton, Ohio, to give Sisters of Charity full ownership of the hospitals, according a joint news release.

Advertisement

Sisters of Charity and University Hospitals will maintain their 50/50 ownership agreement of St. John West Shore Hospital in Cleveland; however, University Hospitals will assume operations of the hospital through a new management agreement.

Learn more about the agreement between Sisters of Charity and University Hospitals.

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.