Beleaguered 25-bed Scott County Hospital in Oneida, Tenn., was granted a four-week extension to reach a deal with potential purchasing company SM Promen of Tennessee, according to a report by WBIR TV news.
SM Promen pledged $20,000 to cover February operating costs and said it will have the $3 million required for the state attorney general's approval by the new Feb. 28 deadline.
Trouble started for the rural hospital when former operator Mercy Health Partners announced it would terminate its contract by May 24, 2012. Health Management Associates, the Naples, Fla.-based system that later acquired Mercy, honored the lease termination.
The hospital was expected to close this past December, but the closing date was pushed back several times during ongoing asset purchase negotiations with SM Promen.
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SM Promen pledged $20,000 to cover February operating costs and said it will have the $3 million required for the state attorney general's approval by the new Feb. 28 deadline.
Trouble started for the rural hospital when former operator Mercy Health Partners announced it would terminate its contract by May 24, 2012. Health Management Associates, the Naples, Fla.-based system that later acquired Mercy, honored the lease termination.
The hospital was expected to close this past December, but the closing date was pushed back several times during ongoing asset purchase negotiations with SM Promen.
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