Officials hope to close hospital sale next month
by Associated Press
Published: June 27,2011
Tags: county government, healthcare, hospitals, mergers and acquisitions, municipal government
OXFORD — The City of Oxford, Lafayette County and Baptist Memorial Health Care Corp. hope finalize the sale of the local hospital to Baptist by July 31.
The Oxford Eagle reports that the sale will allow Baptist to get paperwork filed with the Mississippi Department of Health, which must approve construction of a new hospital.
Memphis, Tenn.-based Baptist Memorial Health Care earlier announced the new $300-million hospital it wants to build will be located within the current city limits of Oxford.
The city and county have agreed to sell the current Baptist Medical Center-North Mississippi to Baptist. Baptist currently leases the hospital from the city and county.
The proposal has been in the works since 2009.
Source: Oxford Eagle
![[RSS Feed]](http://i2.wp.com/msbusiness.com/wp-content/plugins/tdc-sociable-toolbar/rssfeed.png)
![[del.icio.us]](http://i0.wp.com/msbusiness.com/wp-content/plugins/tdc-sociable-toolbar/delicious.png)
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Fervor grows for Tuscaloosa Marine Shale
- Mississippi Power CEO's departure due to withholding Kemper information from regulators
- Hosemann revels in victory over Court's redistricting ruling
- LNG facility hoping to begin exporting natural gas
- Tenn. company makes unspecified offer to lease hospital
- Nullification and interposition
- Airport's food irradiation business could create new jobs
- In wake of bond issue failure, golf course fights to stay playable
- Ag officials say late planting reaching historical proportions
POST A COMMENT