FORT WAYNE, Ind. (WOWO): A group of local doctors aren’t giving up on their attempt to wrestle control of Lutheran Health Network away from its parent company.
Community Health Systems of Tennessee denied a $2.4-billion bid last week, saying it was at least $1-billion too low and that the group never identified a qualified buyer, as well as never signed a non-disclosure agreement that would’ve been needed to negotiate a deal.
But the physicians group is denying those points, telling the News-Sentinel their members were on board with an NDA until CHS suddenly increased its asking price. They also claim CHS is lying about them not identifying a qualified buyer, pointing out that their partners are still interested in buying the network.
The group is turning to the public for support, saying the best thing for the city, and patients, would be having CHS no longer in charge.