LOUISVILLE, Ky. (AP) - Two large health care companies have
merged to form Kentucky's largest health system, but without one
prospective partner.
Officials from Jewish Hospital & St. Mary's Health Care and St.
Joseph's Health System announced their merger on Friday. The merged company is called KentuckyOne Health. The merger is effectively retroactively to Jan. 1.
As part of the merger, Catholic Health Initiatives will invest
$320 million to launch the new company.
KentuckyOne Health includes hospitals, clinics, home health care
agencies and primary care centers with more than 80 locations and
13,000 employees across the state.
Two partners initially envisioned a three-way merger that would
have included University Hospital in Louisville. Gov. Steve Beshear
rejected the merger about a week ago.
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