WYMT | Eastern KY | News, Weather, Sports

Economist releases report on hospital merger

An economist who reviewed a hospital merger proposal recommends establishing a foundation to assure that local interests are served.

Northwestern University economist David Dranove reviewed the proposed merger of University Hospital with Jewish Hospital & St. Mary's HealthCare and Saint Joseph Health System in Lexington.

Dranove's report, which was released Wednesday, says "a dire financial future" could be in store for University Hospital if the merger isn't approved, The Courier-Journal reported. But it also said the hospital's mission to serve the poor is at risk if the merger is approved.

He says a locally controlled board should be appointed to oversee mission-related activities at the hospital.

Jefferson County Attorney Mike O'Connell asked for the report and said he is forwarding it on to Gov. Steve Beshear, who must decide on the merger.

(Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
WYMT CONTACT INFO 199 Black Gold Blvd. Hazard, KY 41701 606-436-5757 - switchboard 606-439-9968 - newsroom
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 136379453 - wkyt.com/a?a=136379453
Gray Television, Inc.