Financial questions raised over KCH’s parent company

FORT WAYNE — A local report is raising questions over the financial health of the Lutheran Health Network.

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

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

A company spokesperson didn’t comment on that speculation.