The meeting came a few hours after Community Health Systems rejected a local physicians group’s $2.4-billion bid to buy the local hospital network, as an attempt to fix what some are calling a broken relationship.

Lutheran Medical Staff President Dr. James Cameron tells ABC 21 it’s going to be a tough road ahead.

“As this process moves forward, it’s going to be a trust-building process I’m sure from the medical staff back to the parent company and definitely from the parent company back to us.”

CHS reported a financial loss of $1.6-billion last year. Local employees say the company is using Lutheran’s profits to prop itself up, and not investing enough locally.

The post Lutheran doctors walk out on meeting with CHS officials appeared first on News Now Warsaw.

10 local doctors formed Fort Wayne Physicians LLC and and approached CHS in November about selling the network to a private equity firm or other investors, according to the Journal Gazette.

According to CHS, the doctors have refused to sign a non-disclosure agreement, failed to submit a written offer, and demanded that CHS pay their legal and financial advisor fees. The doctors have also failed to specify how much of the network they wish to buy.

“The physicians have failed to satisfy any reasonable criteria of a legitimate offer,” CHS officials said today in a statement.

CHS officials confirmed Monday their commitment to making $500 million in Lutheran Health Network upgrades, including to the Kosciusko Community Hospital, during the next five to six years.

The post Doctor’s group’s bid to buy Lutheran Health Network rejected appeared first on News Now Warsaw.