Local News

Financial questions raised over local hospital’s parent company

(Photo Supplied/Lutheran Hospital)

FORT WAYNE, Ind. (WOWO): One local report is raising questions over the financial health of the Lutheran Health Network.

The Journal Gazette reports that while the Fort Wayne branch of the network – including Lutheran, St. Joseph, and Dupont Hospitals – is financially healthy, the company as a whole reported a second quarter net financial loss of $1.4-billion.

The paper notes the Tennessee-based company has already sold hospitals in Mississippi and Florida, and reports it’s possible a buyout offer for the Fort Wayne locations would be accepted.

A company spokesperson didn’t comment on that speculation.

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