Methodist Le Bonheur Healthcare & Saint Francis Hospitals merger is off
According to statements from both hospital systems, they said together they have decided they will no longer pursue the sale. Author: Local 24 Staff (Local 24) Published: 10:25 AM CST December 23, 2020 Updated: 6:19 PM CST December 23, 2020
MEMPHIS, Tenn. Methodist Le Bonheur Healthcare and Saint Francis Hospitals will no longer merge in the Mid-South.
According to statements from both hospital systems, they said together they have decided they will no longer pursue the sale.
You can read the full statements below:
Michael Ugwueke, CEO, Methodist Le Bonheur Healthcare:
“Methodist Le Bonheur Healthcare and Tenet have made the decision to continue to operate MLH and Saint Francis hospitals as separate health entities.
The two organizations made the joint decision to no longer pursue the sale of two Saint Francis hospitals following the FTC s move to block it in November.
Methodist Le Bonheur Healthcare and Tenet Healthcare Corp. announced Wednesday that the two organizations have made the joint decision to call off the sale of two of Tenet s Saint Francis hospitals.
The initial deal included the sale of Memphis-based Saint Francis Hospital, Bartlett-based Saint Francis Hospital, six MedPost urgent care centers, and physician practices affiliated with the two hospitals, to Methodist, which was first announced in December 2019.
Last month, the Federal Trade Commission (FTC) made a move to block Methodist Le Bonheur Healthcare s $350 million acquisition due to antitrust concerns.
Meharry Medical College Announces Collaboration with University of Memphis and Methodist Le Bonheur Healthcare for More Doctors of Color
Meharry Medical College Announces Collaboration with University of Memphis and Methodist Le Bonheur Healthcare for More Doctors of Color
By Stacy M. Brown,
@StacyBrownMedia
Meharry Medical College, Methodist Le Bonheur Healthcare, and the University of Memphis announced a historic collaboration the conglomerate said would diversify health care and advance health care education.
“It’s a game-changer,” Dr. James Hildreth, the president of Meharry Medical College in Nashville, said during a Zoom news conference on Monday, December 17.
“We will work together to diversify the healthcare provider pipeline and advance health care education,” Dr. Hildreth proclaimed.
Hospitals, Tennessee universities commit to provide opportunities for Black med students
Methodist partners with universities to help guide med students By Camille Connor | December 15, 2020 at 4:34 PM CST - Updated February 2 at 10:28 AM
MEMPHIS, Tenn. (WMC) - Methodist Le Bonheur Healthcare is making a commitment with universities in Tennessee to help shape the health care workers of tomorrow. Leaders within the health care system recently announced a new partnership that they hope will benefit African American communities.
“We know that there is a shortage of physicians all over the country. We know that there is a shortage of nurses all over the country,” said Michael Ugwueke, MLH’s President and CEO.
New collaboration seeks to create more Black doctors
December 15, 2020 GMT
MEMPHIS, Tenn. (AP) A new collaboration aims to create more Black doctors in Tennessee.
Meharry Medical College in Nashville announced Monday that it has partnered with the Memphis institutions of Methodist Le Bonheur Healthcare, University of Memphis and Church Health in an initiative to expand access to education, training and research for Black medical students, news outlets reported.
“Now more than ever, Black communities around the nation, especially here in Tennessee, need greater access to preventative care and to providers that they know and trust providers who look like them,” said James E.K. Hildreth, Sr., president and CEO of Meharry.