Shuttered Bamberg County Hospital Sells Off Assets

Board members of Bamberg (S.C.) County Hospital are in the process of selling off the bankrupt and shuttered hospital's assets to creditors, according to a Times and Democrat report.

Bamberg County Hospital closed in 2012 after experiencing financial difficulties. A private equity firm attempt to buy the hospital in the summer of 2012, but that deal fell through.

Hospital board members and Centurion Service Group of Chicago agreed to a deal, in which CSG would purchase the hospital's equipment and furnishings, according to the report. Officials at Nashville, Tenn.-based Hospital Corporation of America also said they are interested in possibly setting up an emergency room at the Bamberg County Hospital site.

More Articles on Hospital Finance:
Despite Profit in FY 2013, SunLink Health Systems Teeters on Financial Edge
Tenet Sells 6 Medical Office Buildings for $63M
Baptist Health Care Sells Consulting Practice for $8.5M

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

 

Featured Whitepapers

Featured Webinars

>