UpdatedThu, Feb 11, 2021 at 10:57 am CT
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The owners of Mercy Hospital Wednesday filed for Chapter 11 bankruptcy protection. (Google Maps)
CHICAGO — The historic Mercy Hospital and Medical Center in Chicago's Bronzeville neighborhood filed for bankruptcy Wednesday. Chicago's oldest hospital, now owned by Michigan-based Trinity Health, plans to shutter most operations at the end of May.
The Chapter 11 filing follows Illinois Health Facilities and Services Review Board rulings that rejected Trinity's plans to close Mercy's 412-bed hospital at 2525 S. Michigan Ave. and open an outpatient Mercy Care Center about two miles away at 3753 S. Cottage Grove Ave.
Trinity's board authorized the filing in a Feb. 5 resolution that said Mercy's leadership had tried to put in place a planned clinical transformation plan but has been unable to and "does not anticipate being able to do so in the future," Bloomberg reported.