Doctors Hope to Buy Fort Wayne’s Lutheran Health Network
A Fort Wayne physicians group hopes to buy the Lutheran Health Network.
Around 300 doctors are a part of this reported buyout, which includes backing from a private equity firm, coming less than a week after the network’s owners, Community Health Systems, announced plans to invest $500-million into upgrades at Lutheran Hospital in Fort Wayne and other facilities.
City Councilman John Crawford, who works as a radiation oncologist for Lutheran, says if the buyout happens, any profits the health network makes can be invested in Fort Wayne instead of shared with a parent company.
Crawford said both sides are in talks now.