” Ultimately, none expressed an interest in Mercy Hospital,” the medical centers attorney Edward Green wrote in the letter, Kristen Schorsch reports for WBEZ. Mercy experiences $4 million month-to-month operating losses..
A sale or partnership wasnt the only lifeline Mercy dialed prior to verifying its 2021 closure July 29. The almost 170-year-old health center joined forces in early 2020 with three other South Side healthcare facilities to develop an independent health system with a robust outpatient care footprint. The medical facilities called off the offer in late May after state financing for the $1.1 billion task fell through.
New files filed with regulators show Trinity Health pursued 18 months to sell Mercy Hospital and Medical Center in Chicago or find it a partner, according to WBEZ. There were no takers. The South Side healthcare facility will close in between February and May 2021.
Livonia, Mich.-based Trinity purchased Mercy Hospital in 2012 and has invested more than $236 million in infrastructure enhancements and short-term operating needs. In a letter filed today with Illinois health regulators, Mercy disclosed that Trinity had actually touched with more than 20 potential partners for the 292-bed healthcare facility..
Mercy has plans to establish an outpatient setting that deals with 50,000 clients a year, however neighborhood activists have said the loss of an intense care healthcare facility will develop a medical desert on the citys South Side and worsen healthcare disparities, according to ABC 7 News.
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