The University of Toledo is reviewing responses to the public request for proposal process (RFP) for a potential transaction for University of Toledo Medical Center.
As was shared publicly during the April UToledo Board of Trustees meeting, the University is moving forward with examining all options for the hospital, and a necessary part of the process is an RFP seeking proposals for a potential acquisition, lease, management agreement or other transaction of the hospital. The RFP was issued April 16 and closed 5 p.m. Wednesday, June 10.
The University is undertaking this process to be responsive to the community’s concerns about access to healthcare and our economic realities.
As planned, an update on the RFP process and the state of the hospital’s current financial challenges will be provided during the next regular meeting of the UToledo Board of Trustees scheduled for Monday, June 22.