The bill creates an expedited process that would allow
A newly formed entity by the name of
“We’re excited about the acquisition,” Tress said. “It will give us the opportunity to serve the public at a high level of health care.”
The hospital, however, would no longer have a traditional emergency department, Tress said.
The hospital would be renamed
When it reopens, the hospital is expected to support about 500 to 600 jobs, Green said.
When a company wants to buy a hospital, it must file an application with the state
The newly signed legislation requires any party interested in buying
Tress said his company is prepared to meet those requirements.
It also would allow an interested party to apply for what’s known as an exemption, rather than a certificate of need, to reopen the hospital. An exemption can potentially be approved more quickly than a certificate of need.
“Reopening Westlake Hospital is a step toward addressing long-standing disparities in our health care system that have left some residents without the medical care they desperately need,” Pritzker said in a statement.
A legal battle between
In 2019, the bankruptcy court handling
Initially the trustee was going to sell the property to a company identified as JET Hospitals, but JET Hospitals pulled out. Woodlake later stepped forward, offering to buy
A Tress-owned company also worked to buy a shuttered behavioral health hospital in
An earlier version of this story incorrectly stated that
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