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Gov. Beshear makes statement regarding University Hospital’s revised merger proposal

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FRANKFORT, Ky. (Jan. 9, 2012) – “Last week, University representatives offered us some ideas to address our concerns about the original proposed merger partnership. Attorney General Conway and I have carefully evaluated those ideas, but found that they will not satisfy our concerns about the merger proposal.

University Hospital is clearly a facility with significant strengths. The Courier-Journal just reported that the Hospital’s 2010 profits tripled to nearly $13 million.

Attorney General Conway and I share University Hospital’s goals of continued quality health care, as well as solid financial standing, and we remain committed to working with the University to explore all appropriate paths forward for the hospital and for our Kentucky taxpayers.”