Hospital talks stalling
CINCINNATI - Negotiations between two hospitals attempting to leave the Health Alliance of Greater Cincinnati and the alliance have reached a low point, forcing Ohio Attorney General Marc Dann to recommend alternate procedures.
Dann has asked Hamilton County Common Pleas Court Judge Fred Nelson to appoint a third party to oversee the discussions, according to a report in the Cincinnati Enquirer.
"This behavior has demonstrated that the parties will persist in wasting the charitable assets of their respective entities and place the future of Cincinnati health care in jeopardy unless an operating receiver is appointed immediately," Dann wrote.
Christ Hospital and St. Luke Hospitals are attempting to leave the alliance, and the two sides are having trouble agreeing on an amount of assets to which the leaving members are entitled.
Christ and St. Luke are going forward with a motion to break up the alliance, which still features University, Jewish and Fort Hamilton hospitals. The alliance has $1.6 billion in assets, and Dann is involved because he oversees non-profits, the report says.
A court-ordered report estimated Christ's value at $184.7 million and St. Luke's at $38.9 million. Christ thinks its value is closer to $400 million.