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.