No, the state owns the land. UofL is a party to the lease.
Currently, Norton manages Kosair Children's Hospital, which is staffed primarily with physicians from the University of Louisville's department of pediatrics and sits on leased, state-owned land. Last month, Norton Healthcare signed a collaboration agreement with UK Healthcare in Lexington, which prompted the University of Louisville to issue a letter to Norton claiming the organization to be in violation of lease terms that require a beneficial relationship between the University of Louisville and the lessee, according to a Business First report.