By Matthew Keck —
In August 2019, the University of Louisville announced it would be buying KentuckyOne Health’s Louisville assets. To make that purchase possible, the university asked the state of Kentucky to provide a $50 million dollar loan.
On Jan. 9, President Neeli Bendapudi announced U of L would only be requesting a $35 million loan now.
“As you know, last fall we received a commitment from the elected leadership of Kentucky for a $50 million partially forgivable loan to help with the acquisition of the former KentuckyOne Health properties, including Jewish Hospital,” she said.