Insight Health Systems is on track to reopen one of two shuttered Warren hospitals in the next few weeks, officials announced at a public meeting this week. "We lost over $30 million dollars over this transaction," Insight CEO Dr. Jawad Shah said. "We signed up for this, we are going to make the hospital work." Services at the two Insight hospitals — Insight Hospital & Medical Center Trumbull and Insight Rehabilitation Hospital Hillside — ended in March, seven months after Insight obtained the properties from Steward Health System through bankruptcy proceedings. Insight officials said Steward Health, which ran billing for the two hospitals, withheld funds—making continued operation impossible. A letter to staff announced furloughs, but said the hospital closures would be temporary, and were projected to last no more than six months.
DeSoto County's only hospital is considering a sale amid looming Medicaid cuts and pressure to hire more staff. An outside health care system approached DeSoto Memorial Hospital about a sale. The hospital then launched a Request for Proposal process to receive bids from any interested party, per state law. DeSoto Memorial has not received any formal proposals, CEO Vincent Sica said. But several larger hospital systems – and what he described as an independent group – have called to express interest.
Commonwealth Health System and Tenor Health Foundation signed a letter of intent last week for Tenor to purchase CHS' Regional Hospital of Scranton, Moses Taylor Hospital and Wilkes-Barre General Hospital, according to an internal memo obtained by WVIA News. Commonwealth Health spokesperson Tomi Galin verified the memo, which was sent from interim CEO David E. Loving to the company's board of trustees, medical staff and employees.
The Bexar County Hospital District Board of Managers unanimously approved a deal allowing University Health to purchase the Christus Santa Rosa Hospital – Medical Center campus that was closed in April. The planned $71 million acquisition will further extend University Health's footprint — this time not far from its flagship campus. Officials with both nonprofit health systems said the two organizations plan to enter into a purchase and sale agreement with the intent of transferring ownership of the hospital campus to University Health.
Leaders of Mercy Medical Center and Baystate Health are in talks that could result in an acquisition or merger of the two leading Springfield hospitals. Though the institutions declined to comment, two people briefed on the negotiations said this week that discussions are ongoing. One source told The Republican that a deal was still on track as recently as one month ago. The nature of a deal, and its impact on employees and services — or if it will even happen — is yet to be seen. Spokespeople for both Baystate and Trinity Health of New England, which owns Mercy Medical Center, declined to comment on the possibility of a merger or acquisition.