Danbury, N.C.-based Pioneer Hospital of Stokes will receive $250,000 in emergency bridge assistance to keep its doors open at least until June 24, according to The Stokes News.
The funding from Stokes County, authorized as part of an emergency memorandum of understanding, comes with conditions. Under the agreement, Pam Tillman must remain the hospital's CEO and the funds must be used solely for ordinary expenses incurred during hospital operations.
The hospital's parent system, Magee, Miss.-based Pioneer Health Services, filed for Chapter 11 bankruptcy in April. To receive the emergency funding, PHS must guarantee that no services or operations of the hospital will be terminated prior to a bankruptcy court hearing June 24, unless directed to do so by the county.
"This funding was essential to keep the hospital open," Stokes County Board Chair Leon Inman told The Stokes News. He added that without the funding, the hospital would have already closed.
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Editor's note: This story was updated June 6. A previous version of this story incorrectly listed the name of the facility as Pioneer Hosptial of Scott.