Sponsored by VMG Health | info@vmghealth.com | 214.369.4888

Phoebe Putney Cuts Ties With Dorminy Medical Center

Executives at Phoebe Putney Health System, based in Albany, Ga., have decided to dissolve its affiliation and management agreement with Dorminy Medical Center in Fitzgerald, Ga., according to an Albany Herald report.

DMC, a 75-bed hospital that had been operated as Phoebe Dorminy Medical Center, will be managed again by the Hospital Authority of Ben Hill County. In July 2011, Georgia's attorney general approved the acquisition. The deal originally covered 10 years, and both organizations could have renewed the long-term lease agreement for up to 40 years.

Officials did not disclose to the Albany Herald why Phoebe Putney and Dorminy Medical Center decided to end their agreement.

More Articles on Hospital Transactions:
McCullough-Hyde Memorial Hospital, Mercy Health to Explore Affiliation
Antitrust Settlement Allows Faxton-St. Luke's Healthcare, St. Elizabeth Medical Center to Affiliate
Merger Between Lehigh Valley, Greater Hazleton Systems Receives Clearance

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Articles We Think You'll Like

 

Featured Whitepapers

Featured Webinars