Ohio Attorney General Richard Cordray has approved Summa Health System's plan to sell its 105-bed Cuyahoga Falls (Ohio) General Hospital to a joint venture between Summa and a group of physician investors. The five-hospital Akron system and physicians, incorporated as Western Reserve Hospital Partners, assumed operations of Cuyahoga Falls General on June 24, rebranding it as for-profit Summa Western Reserve Hospital. Ohio law requires the attorney general to ensure that the hospital and system are acting in the best interests of the charitable trusts they serve. In a letter to the parties approving the deal, Cordray's office also wrote that the review did not identify any conflicts of interest. Summa Western Reserve Hospital has promised to provide the full array of services available at Cuyahoga Falls General and continue to provide charity care in accordance with Summa Health System's policy. The joint venture meanwhile continues to pursue plans to build a new 100-bed hospital in an area of northern Summit County about six miles east of Cuyahoga Falls. When it's completed, planned for 2011, Summa Western Reserve Hospital will move into the new facility, and a variety of outpatient services will be provided at the Cuyahoga Falls site, likely aimed at a growing senior population.Submit a letter to the Modern Physician Reader Blog. Please include your name, title, company and hometown. Modern Physician reserves the right to edit all submissions.
Ohio approves sale of hospital to physician joint venture
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