Sunday, May 16, 2004

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)

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