Hospital dipping into settlement money while sale continues

NATCHEZ — Natchez Regional Medical Center officials say they have had to use money from a 2012 legal settlement to address pressing needs as Adams County officials continue efforts to sell the facility.

The undisclosed settlement was reached with the medical center’s former management company, Quorum Health. The county-owned hospital had sued Quorum in 2008, alleging mismanagement.

The Natchez Democrat reports NRMC board of trustees president Leroy White said yesterday that some of the funds have been used to fix an air chiller and to meet payroll.

White said payroll costs and the contributions the hospital has to make to the Public Employee Retirement System forced the hospital to reach into the settlement funds.

White said he did not know the exact amount that had been expended from the settlement.

[RSS Feed] [del.icio.us]



To sign up for Mississippi Business Daily Updates, click here.

POST A COMMENT

 

Top Posts & Pages