Archive for Hospital

Mercy Health-St. Theresa in Mariemont has been sold

Mercy Health-St. Theresa in Mariemont, owned by Catholic Health Partners, is being sold to an undisclosed real estate investment firm who plan to lease the facility to Diversicare, a publically traded company (call letters on the Nasdaq exchange DVCR) based in Brentwood, Tenn. Diversicare is billed as a premium provider of long term care services with over 5000 employees and 53 skilled nursing centers concentrated in the Southeastern and Southwestern part of the U.S. St.Theresa with its excellent management team has always been a good corporate citizen responsive to our community’s needs. We hope this partnership with Mariemont continues.