Both Mercy Medical and St. Vincent Charity are now solely owned by Sisters of Charity.
The end of the joint venture is intended to allow the hospitals to better serve the needs of the community and increase operational efficiencies, according to the report.
Sisters of Charity and University Hospitals will continue their joint ownership of John West Shore Hospital in Westlake, Ohio.
All three hospitals will retain their current leadership, according to the report.
Read the Canton Repository‘s report on the Sisters of Charity of University Hospitals joint ventures.
