White County Memorial Hospital in Monticello, Ind., may soon merge with Indianapolis-based Clarian Health Partners, according to a Journal & Courier report.
The deal would merge the county hospital's assets with Clarian. Under the proposed plan, Clarian would pay White County $955,000 for the hospital's land.
White County has nearly $30 million in debt and is seeking a partnership to transfer that burden away from the county government, according to the report.
Clarian's board of directors could approve the merger as early as next week.
Read the Journal & Courier report on White County Memorial Hospital.
Read more coverage on Clarian Health:
- Clarian Health to Change Name to Indiana University Health
- Indianapolis, Clarian Health Begin $192M Development
- Declining Payor Mix Involved in Indiana Hospital Merger
The deal would merge the county hospital's assets with Clarian. Under the proposed plan, Clarian would pay White County $955,000 for the hospital's land.
White County has nearly $30 million in debt and is seeking a partnership to transfer that burden away from the county government, according to the report.
Clarian's board of directors could approve the merger as early as next week.
Read the Journal & Courier report on White County Memorial Hospital.
Read more coverage on Clarian Health:
- Clarian Health to Change Name to Indiana University Health
- Indianapolis, Clarian Health Begin $192M Development
- Declining Payor Mix Involved in Indiana Hospital Merger