Mercy Health Partners President and CEO Kevin Cook said special interest groups and politicized media outlets attributed the sale to the passage of the Affordable Care Act. In the release, however, Mr. Cook said the decision was based on many factors and is in the best interest of the community.
In a CHAUSA release, Sister Carol Keehan, DC, president and CEO of CHAUSA, noted Mercy’s decision to sell was made before the passage of the ACA and was not connected to the passage of the legislation in any way. She also said in the release the passage of the ACA does not jeopardize the operation of Catholic hospitals or affect their values.
Read the release on the sale of Mercy Health Partners.
Read more coverage on hospital transactions:
– Sale of Pennsylvania’s Mercy Hospital Expected by End of 2010
– Massachusetts Attorney General Approves Caritas Christi Sale
– Georgia’s St. Joseph, Emory End Partnership Discussions
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.
