Jamestown (Tenn.) Regional Medical Center closed on the evening of June 13. The 85-bed hospital abruptly shut down just one day after its Medicare and Medicaid funding was cut off and three days after a new CEO was appointed.
A sign on Jamestown Regional's door says the closure is temporary. A hospital employee, who spoke to the Independent Herald on the condition of anonymity, said the hospital shut down after its medical liability insurance expired. The employee said Rennova Health, the West Palm Beach, Fla.-based company that owns Jamestown Regional, told staff the malpractice insurance would be reinstated soon.
Michael Alexander, who began serving as CEO of Jamestown Regional on June 10, told local TV station WATE earlier this week that he is trying to get the hospital's Medicaid and Medicare funding reinstated. When he accepted the job, neither he nor Rennova knew CMS was terminating the hospital's provider agreement.
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