Circuit Judge Richard Graham has set a target date of June 30 to dissolve the merger of Bert Fish Medical Center in New Smyrna Beach, Fla., with Adventist Health's Florida Hospital in Orlando, according to an Orlando Sentinel report.
In February, Judge Graham overturned the $80 million merger, ruling the 21 closed-door meetings surrounding the merger were in violation of the state's Sunshine Law and that the two groups' attempts to "cure" the violations by reholding the meetings were not an appropriate remedy. The ruling forces Adventist to transition the hospital's ownership back to the Southeast Volusia Hospital District.
The target date, however, may need to be adjusted in order to allow the hospital to renegotiate the terms of a $12 million line of credit, according to the report.
Read the Orlando Sentinel report on Bert Fish Medical Center.
Related articles on Bert Fish Medical Center:
Adventist Health Won't Appeal Voiding of Merger With Florida's Bert Fish Medical Center
Judge Overturns Bert Fish, Adventist Merger Due to Sunshine Law Violations
Trial Begins in Lawsuit Alleging Violations During Bert Fish Medical Center's Merger With Florida Hospital
In February, Judge Graham overturned the $80 million merger, ruling the 21 closed-door meetings surrounding the merger were in violation of the state's Sunshine Law and that the two groups' attempts to "cure" the violations by reholding the meetings were not an appropriate remedy. The ruling forces Adventist to transition the hospital's ownership back to the Southeast Volusia Hospital District.
The target date, however, may need to be adjusted in order to allow the hospital to renegotiate the terms of a $12 million line of credit, according to the report.
Read the Orlando Sentinel report on Bert Fish Medical Center.
Related articles on Bert Fish Medical Center:
Adventist Health Won't Appeal Voiding of Merger With Florida's Bert Fish Medical Center
Judge Overturns Bert Fish, Adventist Merger Due to Sunshine Law Violations
Trial Begins in Lawsuit Alleging Violations During Bert Fish Medical Center's Merger With Florida Hospital