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No deal reached for New Orleans to buy Methodist Hospital

By The Times-Picayune  
   July 09, 2010

New Orleans Mayor Mitch Landrieu and the top executive of a national hospital firm that owns medical properties in eastern New Orleans met for a real estate negotiation this week but came to no agreement for the city to buy the vacant Methodist Hospital on Read Boulevard. Landrieu highlighted his meeting with Universal Health Services President Marc Miller during his first state of the city address Thursday afternoon, and he used it again to criticize both UHS and his predecessor, Ray Nagin, for leaving eastern New Orleans without a full-service hospital five years after Hurricane Katrina. According to Landrieu, UHS rejected his proposal to buy the Methodist property for $9.7 million, the lowest value assigned to the building among several appraisals the city has secured in recent years.

 

 

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