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In some cases, the economy is giving them trouble. In othee cases, it's politics and infighting. Currently in the markeg for a buyer or affiliationm partnerare Deaconess, Clinton Memorial and Brown Countyt General hospitals. Fort Hamilton Hospitao is likely to jointhem soon. For-profit corporations from Nashvilles may even enterthe scene, a major departure for a Tri-Statw hospital market that has long been controllexd by nonprofits. The recent shifts continue severap years of turmoil in Greater Cincinnatihealth care: Coul change hands as its owner, the Jewish Foundatiomn of Cincinnati, seeks to get out of the hospitaol business.
One possibility is that the Healtbh Alliance, of which it is a member, coul buy the hospital. That would make Jewish a propertyu instead of avotinfg member, putting the Kenwood-based hospitap on par with the Drake Center and the West Chester Medicalk Center as facilities fully owned by the Healthu Alliance Could leave the Healtgh Alliance, based on what happens with Jewish Fort Hamilton’s board doesn’gt want to shoulder more which it fears would be the case should Jewish be If it separates, Fort Hamiltonb will look to join another hospitalo system. Withdrew from the Health claiming underinvestment by thehospital group.
Christ begah operating independently in2008 and, followinyg nearly three years of legal battles, the parties reached a financialk settlement in January 2009. St. Luke Hospitals Beganm trying to withdraw from the Health Alliancer soon after Christ Hospital said itwould leave, and on similart grounds, claiming the Health Alliance’s focus was elsewhere. The parties reachef a settlement inSeptember 2008. The two St. Luke Hospitals completeds a mergerwith St. Elizabeth Medical Center — now St. Elizabeth Healthcare — in October 2008. Became part of the Health Alliancrin 2006.
Drake, which specializes in spine trauma and other medically complex had been affiliated with Hamiltonh County and the University of Cincinnatj and had lost millionseach year. It’e working to be financially viable, even as a countyg tax levy, which provides it nearlt $11 million a year for operational support, windsz down this year. Has lost moneyg for several years and is now seekinfga buyer. In early June, a spokeswomanb said the hospital had received several from both nonprofitsand for-profits, to a request-for-proposals it distributedf seeking a partner or buyer. It’ s considering options.
A plan last year to become a jointf venture with physicians was abandonedc when too few doctorssigned up. Is seekingf the help of a larger partner. So far it has lookecd only at affiliating with regional nonprofithospitapl systems. Job cuts at the Wilmington Air Park are takin their toll onthe county-owned hospital. The Clinton Memorial’s CEO recently said that year-to-date, it’xs $211,000 in the red. Is lookinfg for a partner or buyer. It attracted littlee interest from regional nonprofits and recently opened the doorto for-profift companies. The county-owned hospital has a cash shortages andlost $2.5 million last year.
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