McLaren St. Luke’s to wind down operations
“Despite the tireless dedication of everyone associated with McLaren St. Luke’s, we have not been able to overcome the historic financial losses experienced by this hospital — losses that began long before COVID-19 that now run into the millions each month,” said Jennifer Montgomery, RN, MSA, FACHE, president and CEO of McLaren St. Luke’s.
TOLEDO, Ohio — According to a news release, due to “declining revenues and an unstable reimbursement environment,” the McLaren St. Luke’s Board of Directors has made the unanimous decision to close the hospital and cease all outpatient services.
McLaren Health Care and Mercy Health are in the process of finalizing an asset purchase agreement, in which Mercy Health will acquire the facility’s land and physical assets. Mercy Health will work with WellCare Physicians Group through the transition.
As part of the agreement, Mercy Health says it “expects to extend employment opportunities to a significant percentage of McLaren St. Luke’s physicians and employees.” The news release goes on to say that representatives from Mercy Health will begin meeting with hospital employees and physicians early next week.
Patients seeking additional information regarding scheduling, bill pay or medical records are asked to call 419-897-8484.
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