University Of Louisville Trustees Approve Hospital Purchase

University of Louisville trustees have approved the school’s purchase of a financially struggling hospital under a plan that would include a $50 million state loan.UofL trustees approved the transaction at a meeting on campus Wednesday. The deal will significantly increase UofL’s footprint in the medical sector of Kentucky’s largest city.Under the deal, UofL would purchase the greater Louisville market assets of KentuckyOne Health Inc., which includes Jewish Hospital.