University Hospital announces partnership with KentuckyOne Healt - wave3.com-Louisville News, Weather & Sports

University Hospital announces partnership with KentuckyOne Health

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LOUISVILLE, KY (WAVE) - The University of Louisville announced Wednesday morning that it has reached a partnership agreement between University Hospital and KentuckyOne Health. The agreement takes effect on March 1, 2013.

Catholic Health Initiatives is the parent company of KentuckyOne Health which was formed earlier this year when Jewish Hospital and St. Mary's HealthCare of Louisville merged with Saint Joseph Health System of Lexington.

Kentucky Governor Steve Beshear emphasized that this is a partnership and not a merger. UofL will retain ownership of the hospital and the James Graham Brown Cancer Center, Beshear said.

State Attorney General Jack Conway said the agreement will infuse $1 billion into the hospital and that the state will maintain control over the agreement.

Conway also said the agreement will not affect women's reproductive care.

At one time, University Hospital had been in talks to merge with other hospitals including Catholic hospitals which do not provide certain reproductive services. Concerns that such a merger would cause University Hospital to stop providing those same services caused Governor Beshear to withdraw UofL from the merger talks. That left University Hospital out of the merger that formed KentuckyOne Health.

Conway said University Hospital will remain a public entity.

Other dignitaries attending the 10:30 a.m. news conference included Louisville Metro Mayor Greg Fischer, University of Louisville President Dr. James R. Ramsey, University Medical Center President and Chief Executive Officer Jim Taylor, and Dr. David L. Dunn, Executive Vice President for Health Affairs at the University of Louisville.

We will have more on this breaking story on air on WAVE 3 News, online at wave3.com and on mobile with the free WAVE 3 mobile app.

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