The Cleveland Clinic.
After a year as a minority investor, Cleveland Clinic is exercising an option to take on full ownership of Akron General Health System.
If cuts are made, the Clinic tends to encourage those individuals to apply for others jobs throughout its system. At present, the Clinic has roughly 1,700 job openings.
Toby Cosgrove, M.D., chief executive of Cleveland Clinic, says the internationally famed system does not currently have plans for layoffs at Akron General.
“What we are looking at is a gradual integration of the two organizations that will benefit both of them,” he told Crain’s Cleveland Business, which also noted that “Officials stress the plan is to expand — not gut — services at Akron General.”