Potsdam, N.Y.-based Canton-Potsdam Hospital and Gouverneur, N.Y.-based E.J. Noble Hospital have finalized a management agreement under which CPH Vice President Marlinda LaValley will be named administrator at E.J. Noble, according to a report by the Watertown Daily Times.
Hospital officials also applied to designate E.J. Noble as a critical access hospital this week, according to the report.
As part of the agreement, the state department of health will provide a $2 million short-term relief loan to E.J. Noble, and CPH will issue and forgive a $300,000 loan and provide a six-month grace period for its management fees. Samaritan Medical Center in Watertown, N.Y., will oversee the hospital's laboratory for the time being, according to the report.
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Hospital officials also applied to designate E.J. Noble as a critical access hospital this week, according to the report.
As part of the agreement, the state department of health will provide a $2 million short-term relief loan to E.J. Noble, and CPH will issue and forgive a $300,000 loan and provide a six-month grace period for its management fees. Samaritan Medical Center in Watertown, N.Y., will oversee the hospital's laboratory for the time being, according to the report.
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