Brentwood, Tenn.-based RegionalCare Hospital Partners is exploring a partnership with Helen Keller Hospital in Sheffield, Ala., according to a Times Daily report.
RegionalCare has offered $60 million to purchase Helen Keller, which includes $40 million to pay off the hospital's debt. The Colbert (Ala.) County Commission has urged the hospital to consider the offer, which would create a $30 million profit for the county. However, Helen Keller's CEO has said publicly the hospital is not for sale, according to the report.
Additionally, Helen Keller signed an affiliation with Huntsville (Ala.) Hospital in November, and the agreement gives Huntsville the first right of refusal if the hospital chooses to sell, according to the report.
Read theTimes Daily report on Helen Keller Hospital.
Read more coverage on RegionalCare Hospital Partners.
- For-Profit RegionalCare Hospital Partners Purchases Iowa Hospital
- RegionalCare Hospital Partners in Tennessee Acquires Clinton Memorial Hospital
- RegionalCare to Spend $400M Reviving Alabama Hospital System
RegionalCare has offered $60 million to purchase Helen Keller, which includes $40 million to pay off the hospital's debt. The Colbert (Ala.) County Commission has urged the hospital to consider the offer, which would create a $30 million profit for the county. However, Helen Keller's CEO has said publicly the hospital is not for sale, according to the report.
Additionally, Helen Keller signed an affiliation with Huntsville (Ala.) Hospital in November, and the agreement gives Huntsville the first right of refusal if the hospital chooses to sell, according to the report.
Read theTimes Daily report on Helen Keller Hospital.
Read more coverage on RegionalCare Hospital Partners.
- For-Profit RegionalCare Hospital Partners Purchases Iowa Hospital
- RegionalCare Hospital Partners in Tennessee Acquires Clinton Memorial Hospital
- RegionalCare to Spend $400M Reviving Alabama Hospital System