Forum Health mum on purchase bids

YOUNGSTOWN — It appears the bids for the purchase of Forum Health will remain private until a proposed deal is submitted to the U.S. Bankruptcy Court for approval.

Friday was the due date for bids on part or all of Forum’s facilities.

The bids, if there were any, were solicited by and were to be received by Houlihan Lokey, an investment banking firm, which would then present them to Forum and its secured creditors, known as consent parties.

Apparently there is nothing prohibiting making the bids public, but neither is there anything requiring it, said Eric Williams, president of Ohio Nurses Association’s Youngstown General Duty Nurses Association.

Forum is a nonprofit business in which public money has been invested. It is in the best interest of the public that the bids be made public, said Williams, whose union represents 450 to 500 registered nurses at Northside Medical Center.

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