Rural Alabama community to buy its own hospital

[TexasTowelie]

The city of Greenville, south of Montgomery, is buying its local hospital from a Tennessee company.

Tennessee based Quorum Health says it signed a definitive agreement to sell the seventy two bed L.V. Stabler Memorial Hospital to a city health care authority. No price was disclosed.

The sale is supposed to be finished before year's end. The company, spun off by Community Health Systems, has heavy debt and is losing money.

http://apr.org/post/rural-alabama-community-buy-its-own-hospital

[drray23]

1. it probably will be managed better too.

Since they will have fewer beds and focus on being a service for the community instead of being driven by a corporate hospital chain trying to make as much profits as possible.