After nearly 170 years of operation, Mercy Hospital & & Medical Center in Chicago will close in 2021, pending approval from the state evaluation board. The healthcare facility noted that it can no longer sustain month-to-month operating losses of $4 million..
Grace and its would-be partners cancelled the deal in late May after the state funding for the $1.1 billion job fell through.
” The choice to terminate services at Mercy Hospital was not a simple one. But patients on the South Side have unmet needs within the present system,” Carol Schneider, healthcare facility president, stated in a declaration..
” The improvement from an inpatient model to one with greater access to outpatient services will much better deal with the disparate outcomes in health from which our neighborhood suffers today,” Ms. Schneider stated.
A representative for Mercy likewise notes that its aging center will require a minimum of $100 countless extra capital investments in the next 5 years..
The 292-bed medical facility will close in between Feb. 1 and May 31 depending on state approval, a Mercy spokesperson confirmed..
Mercy does not plan to leave Chicagos healthcare landscape entirely. A representative verified that Mercy is planning to establish an outpatient center that uses diagnostics, immediate care and care coordination and will deal with 50,000-plus patients annually..
Livonia, Mich.-based Trinity Health purchased Mercy Hospital in 2012 and has actually considering that put more than $236 million towards facilities enhancements and short-term operating needs..
The decision to end services at Chicagos very first chartered hospital comes after a deal failed in which Mercy would have signed up with forces with three other South Side hospitals– Advocate Trinity Hospital, South Shore Hospital and St. Bernard Hospital– to develop an independent health system. The newly formed system had strategies to build one to 2 state-of-the-art medical facilities and three to six outpatient centers to ultimately replace their existing 4 health center facilities..
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