UofL Ends Negotiations With KentuckyOne Health

The University of Louisville has ended negotiations into the acquisition of various KentuckyOne Health assets, including Jewish Hospital.

The potential partnership has been in discussion since December 2018. In February, UofL issued a request for proposal in hopes of soliciting outside businesses to help invest and expand clinical health services, research and education.

Proposals needed to be submitted by early March.

The university said Wednesday it could not find a suitable partner to help fund the move and taking on the acquisition alone was too much of a financial risk. Both Catholic Health Initiatives and KentuckyOne Health have been notified.

The extension will ensure undergraduate and graduate/medical education programs can continue at Jewish Hospital and Frazier Rehab Institute. If programs cannot be continued at those facilities, Catholic Health Initiatives will assign those residencies to another facility requested by the university, according to a release.

In addition to Jewish Hospital, other KentuckyOne Health properties include Frazier Rehabilitation Institute, Our Lady of Peace, Sts. Mary & Elizabeth Hospital, Medical Center Jewish South, Medical Center Jewish East, Medical Center Jewish Northeast, Medical Center Jewish Southwest and Jewish Hospital Shelbyville.