Deal finalized to keep Mercy Hospital in Bronzeville open chicagotribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagotribune.com Daily Mail and Mail on Sunday newspapers.
Ashlee Rezin Garcia/Sun-Times
Mercy Hospital and Medical Center has finalized a deal to sell its facility for $1 to a Michigan-based not-for-profit, in a deal that promises to keep the Bronzeville hospital open after months of uncertainty regarding its future.
The agreement between Mercy and Insight Chicago requires Insight to continue operating the safety net hospital as a full-service community acute-care facility in exchange for ownership of the building, its equipment and parking facilities, the companies announced in a joint statement Saturday.
Insight has promised to offer an emergency department, rehabilitation center, stroke programs, behavioral health assistance, an obstetrics unit, intensive care unit and inpatient medical surgical beds. They are also expected to maintain Mercy’s current charity care policies, company officials said.
Mercy Hospital & Medical Center might be allowed to remain open, thanks to a deal in the works in which a Chicago organization affiliated with a Michigan health system would buy the hospital.
A group of elected officials say they're “resolved to use the authority of the governor, attorney general and mayor of the city of Chicago to help protect the community.”