St. Luke’s of Idaho to relinquish 2 hospitals

Under a recent deal with the Attorney General’s office of Idaho, St. Luke’s health system agreed to relinquish ownership of two idaho health system acquisitionhospitals. The two hospitals were associated with taxing districts in two counties.  The initial transaction involved St. Luke’s operating the facilities if the districts assisted with funding from property taxes.  Attorney General Lawrence Wasden investigated the deal and its method of funding with the district.  It was determined that the the funding method violated Idaho law.  Per terms of the agreement the hospitals will be re-conveyed to the districts, though terms remain whereby the health system have the option to the hospitals at a future date.

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