Ohio AG to Discuss Forum Sale

Set Text Size SmallSet Text Size MediumSet Text Size LargeSet Text Size X-Large
Share
Updated: 6/16/2010 4:32 pm
Ohio Attorney General Richard Cordray will be in the Valley Thursday. 

He's called a news conference to discuss the proposed sale of Forum Health assets.  Last week, lawyers for the system filed papers in US Bankruptcy Court seeking approval of a sale to the Tennessee-based Ardent Health Services for nearly $70 million. 

The sale would include Northside Medical Center in Youngstown, Trumbull Memorial Hospital in Warren and Hillside Rehabilitation Hospital in Howland, as well as Forum's existing laboratory sites and diagnostic and imagining centers and the system's physician group. 

Under Ohio law, the Attorney General must approve any sale involving a non-profit entity such as Forum Health to ensure the community's interests are preserved.  Ardent is a for-profit concern which owns hospital systems in Oklahoma and New Mexico.

Check back for more details as they develop, or tune in to Thursday's newscasts.
Share
0 Comment(s)
Comments: Show | Hide

Here are the most recent story comments.View All

No comments yet!
More Local Stories
Kitten Shot in Face with BB Gun, Dumped on East Side
Officials with Animal Charity said the four-week-old kitten was found Monday. She is expected to be OK, but may have damage to her eyes.
East Liverpool Fire that Killed 4 Ruled Murder-Suicide
Ulrick Estimot, 37, and his three sons Trey, 11, Terrell, 7, and Trenton, 5, died in the fire at their home back in March.
Tip of Woman's Finger Bitten Off During Scuffle in Warren
A woman said four other females surrounded her car, dragged her out and assaulted her early Monday.
News Poll
What's on WKBN?
On Now
The Talk
Coming Up Tonight...
7:00PM 
Wheel of Fortune
7:30PM 
Jeopardy!
8:00PM 
NCIS: Los Angeles
9:00PM 
NCIS
10:00PM 
NCIS
Connect with WKBN
Inergize Digital This site is hosted and managed by Inergize Digital.
Mobile advertising for this site is available on Local Ad Buy.