Deal is done for Deaconess
By TOM CORRIGAN
Staff Writer
April 22, 2004
CLEVELAND — Ward 15 Councilwoman Merle Gordon applauded the deal as probably the best available.
On Monday, federal bankruptcy Judge Pat Morgenstern-Clarren formally approved the sale of the former Deaconess Hospital to MetroHealth Medical Center.
Metro's offer of $3.8 million was declared the best and highest bid from among nine offers made for the shuttered health care facility.
"Clearly, the hope was for a full-service hospital," Gordon said Tuesday.
But she added the next best bid came from an out-of-state, for profit investment group. Gordon said another attempt for such a group to run a hospital at the Deaconess location might have been, in the end, "excruciating." (Full Story)
No comments:
Post a Comment