Mercy Hospital finalizes sale to keep doors open in Bronzeville

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Authorities said Tuesday that the new owners of Chicago’s oldest hospital have agreed with the city to operate the hospital as a full-service facility until at least 2029.

Nonprofit Insight Chicago took over Mercy Hospital and Medical Center on Monday After paying $ 1 At the facility that was to close.

In a statement, Insight spokeswoman Anel Ruiz said the organization would stabilize the hospital’s finances, restore it as an educational facility and ensure that the community participates in the council. ‘administration. According to Lewis, Insight will report regularly to the city on progress.

Mercy belonged to Trinity Health. Trinity Health announced last summer that hospitals were suffering a monthly operating loss of $ 4 million and needed an additional $ 100 million to maintain their facilities. The hospital filed for Chapter 11 bankruptcy this year and will close in May.

Campaigners have urged city and state officials to prevent the closure of Southside Hospital, particularly during a pandemic of coronavirus infection.

Mercy’s story began in 1852, when the Mercy Sisters transformed the boarding house into a hospital. Survived the Great Chicago Fire of 1871.

Mercy Hospital finalizes sale to keep doors open in Bronzeville

Source link Mercy Hospital finalizes sale to keep doors open in Bronzeville



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