UofL Health to retire loan used to buy Jewish Hospital and other facilities of defunct KentuckyOne Health in four years, not 15
Jewish Hospital has kept its name but is now clearly a subsidiary to the UofL Health brand. (UofL photo)
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The University of Louisville‘s hospital operations are doing so well that UofL Health had adopted an accelerated repayment schedule for a $35 million loan it got from state government to buy the assets of KentuckyOne Health, including Louisville’s Jewish Hospital
“I want to congratulate UofL Health on its recent success,” Beshear said in a press release. “It is great to see their facilities have benefited from the funds issued last year, and I hope to see this positive trajectory continue well into the future. We know now more than ever how vital our health care facilities are to our state’s continued growth. This is tremendous news for the Louisville area and the commonwealth.”
- Replacement of information-technology infrastructure to support electronic medical records
- A geropsychiatric unit and redevelopment of an epilepsy unit
- A catheterization lab and detox unit at Mary & Elizabeth Hospital
- Addition of 10 beds at Frazier Rehabilitation Institute
- Air-conditioning upgrades for UofL Health-Shelbyville Hospital.
“In the past year, UofL Health opened two new Urgent Care Plus locations in underserved areas, and 107 physicians have been recruited to improve care for the underserved population,” said a news release from Beshear’s office.
“Our UofL Health system [has] never better staffed, funded and appreciated,” President Neeli Bendapudi said in a news release announcing that she would become president of The Pennsylvania State University.
UofL Health CEO Tom Miller said in the release, “UofL Health would not have come into being without Neeli’s leadership. She led the charge that saved Jewish Hospital and ensured the future of a thriving health care system in Louisville’s downtown just before the Covid crisis swept the globe. The UofL Health family extends our thanks to Neeli for her leadership and we will be forever grateful for her historic impact on the city and the university.”