Talks to merge children's hospitals in Cincinnati and Dayton, Ohio, have ended without a deal.
A joint integration committee was appointed by 335-bed Children's Hospital Medical Center in Cincinnati and 155-bed Children's Medical Center of Dayton in January and given 120 days to make a recommendation.
But the committee ended its work early, unable to agree on governance issues such as board size, board representation and corporate management structure, executives of the hospitals said.
"I think we probably were moving too fast," said William K. Schubert, M.D., president and chief executive officer of Cincinnati Children's.
Leaders at both hospitals said another barrier was their mutual financial strength, which meant there was no urgency to make a deal.
Both sides said talks could resume, but none are scheduled.
The hospitals, which are about 50 miles apart, will continue collaboration in physician training, open-heart surgery and nephrology. They are working on centralizing rehabilitation services in Cincinnati, Schubert said.