UH has an established relationship with the hospital, as UH and SCHS have co-owned St. John Medical Center since 1999.
The agreement, which is still subject to regulatory approval, is expected to be finalized within 60 days.
“Since 1999, St. John Medical Center and our community have enjoyed the strong leadership of both SCHS and UH,” said William A. Young Jr., president and CEO of St. John Medical Center. “With today’s announcement, we look forward to this new alignment with University Hospitals. We will continue serving as a healthcare leader on Cleveland’s Westside and fulfilling our Catholic heritage in service of our mission.”
More articles on healthcare industry transactions:
6 recent hospital transactions and partnerships
Bankrupt Maine hospital merges with Mid Coast Health
Lafayette General Health to acquire hospital from HCA
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.