PASCAGOULA — Jackson County supervisors have agreed to help Singing River Health System borrow $2.3 million.
The Sun Herald reports the Board of Supervisors on Monday agreed to a letter of credit as it was proposed by Billy Guice, board attorney on SRHS issues.
Guice said the move would allow money to be set aside to secure future payments to the Workman’s Compensation fund.
Supervisors did not respond to retirees of the hospital system who expressed concern that the move would allow SRHS to free up money elsewhere.
Eddie Manning, husband of a retiree, said it’s another indication of poor management at the hospital system, that is struggling financially after failing to fund the employee pension plan for years without notice.