Thu May 24, 2012
Talks Continue Between University Hospital and Potential Business Parnters
Officials with University of Louisville Hospital continue their work on finding a new business partner.
A new report from outside consultants says University Medical Center offers average service when compared to other academic hospitals, and the study shows a number of shortcomings in UMC's growth strategy and business plan. But even if all that changed, the report says UMC still needs a partner.
Last year, the governor blocked University Medical Center's attempt to merge with Jewish Hospital and St. Mary's Healthcare and Catholic Health Initiatives. After the rejection, UMC issued a request for proposals for new partners. But they aren’t pursuing a merger, since officials feel state approval will only be granted for a partnership that keeps UMC under local control.
“We believe a merger is not allowable because of what the governor said in the message he gave when he denied the merger," says UMC CEO James Taylor.
Taylor says he learned another lesson from the controversial merger attempt; he'll change the way UMC presents its plans for its next business partnership.
“Once we legally can begin to talk about what happens, I think we will do that. We don't want a repeat of what happened last time," he says.
Taylor says public conversations about UMC's next steps will likely begin late next month.