Blue Mountain Capital Management explores purchasing Louisville hospitals

Blue Mountain Capital Management explores purchasing Louisville hospitals

LOUISVILLE, KY (WAVE) - Two Louisville hospitals could soon be under new ownership.

New York based Blue Mountain Capital Management is exploring purchasing Jewish Hospital, Frazier Rehab and Saint Mary's and Elizabeth Hospitals.

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Right now they're owned by Kentucky One Health and Catholic Health Initiatives.

The companies just began negotiations.

The process is expected to take several months.

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