Saint Joseph, Mary Chiles Hospital Sign Memo of Understanding
Saint Joseph HealthCare, Lexington, Ky., and Mary Chiles Hospital, Mt. Sterling, Ky., have signed a memorandum of understanding to proceed with finalizing an affiliation agreement. The agreement would include a commitment by Saint Joseph to construct a new, replacement hospital in Mt. Sterling. Mary Chiles Hospital is a 63-bed, nonprofit acute care facility. The two organizations have been in exclusive discussions since September 2006, when Mary Chiles Hospital first approached Saint Joseph to explore a potential relationship. The organizations hope to reach a definitive agreement in spring 2007 and to finalize an affiliation by midsummer or early fall. For more information, contact Jeff Murphy of Saint Joseph at email@example.com.