BOISE, Idaho (Legal Newsline) — Idaho Attorney General Lawrence Wasden will not oppose the proposed sale of St. Joseph Regional Medical Center, a nonprofit hospital in Lewiston, to a for-profit subsidiary of a Tennessee-based health care provider.
“My review of the proposed sale indicates the hospital and the public will benefit from this transaction,” Wasden said. “I therefore do not oppose the sale, and I encourage the parties to work cooperatively to quickly transition the hospital to its new management.”
Wasden’s opinion on the sale, which was announced on March 20, was part of a review required by the Idaho Nonprofit Hospital Sale or Conversion Act.
Wasden also announced that his office worked with Ascension Health – the sole member of St. Joseph Regional Medical Center Inc. – and RCCH HealthCare Partners, the Tennessee company, to create a $25 million health care endowment to benefit the health of consumers in nearby counties.
“The charitable mission of all Idaho nonprofit hospitals is providing free or low-cost health care to Idahoans,” Wasden said. “For nearly 100 years, St. Joseph Regional Medical Center has provided health care to residents in Idaho, Washington and Oregon. In return, St. Joseph Regional Medical Center has received millions of dollars in tax exemptions, along with the money, time and labor of people who have helped the hospital grow. This endowment will be a way to continue the purposes for which the assets have been created and used in the community."