Kaufman Hall Advised Lake Health on Joining University Hospitals
On Thursday, December 17, 2020, Lake Health agreed to join University Hospitals, establishing Lake Health as University Hospitals’ Lake County flagship community-based health care provider serving Northeastern Ohio.
Kaufman Hall served as the exclusive strategic and financial advisor to Lake Health.
Lake Health and University Hospitals have a long history of collaborative partnerships including the Lake Health/University Hospitals Seidman Cancer Center located at the Lake Health Mentor Campus and opening Lake Health Beachwood Medical Center in 2019, an acute care hospital specializing in orthopedics, urology, spine, and pain management in which University Hospitals became a minority member.
The new partnership announcement will ensure convenient access to advanced health care and services for the residents of Lake County and surrounding communities now and in the future.