Wellmont Health System, based in
After conducting an internal legal analysis, Wellmont officials determined the selection process did not meet legal requirements. Consequently, Wellmont will not participate in an open meeting July 18.
"According to our legal advice, the proper remedy for these violations is for the board to issue another request for proposals and follow a legal, broad and transparent process from this point forward," said Denny DeNarvaez, president and CEO of Wellmont. "Merely re-evaluating the two proposals in an open meeting such as the one scheduled later this week is not sufficient."
UCMH recently decided to re-examine the two health systems' bids. The hospital board and Mountain States Health Alliance had reached a definitive agreement in April. However, the
More Articles on Hospital Sales:
Unicoi County Memorial Hospital to Revisit Acquisition Proposals
Report: CHS, HCA, LifePoint Interested in Buying HMA
FTC Reviewing Tenet's Purchase of Emanuel Medical Center