NATCHEZ, Miss. (AP) - The Adams County Board of Supervisors has adopted a resolution approving a purchase agreement for Natchez Regional Medical Center.
The resolution was approved Thursday.
Pending the signature of the buyers and approval of the federal bankruptcy court, The Natchez Democrat reports (http://bit.ly/1rdsWBH) the agreement will officially make Community Health Systems the bidding stalking horse and probable buyer of the hospital.
CHS is the parent company of Natchez Community Hospital, meaning the health care system in Natchez will be largely consolidated when the sale is closed.
Healthcare Management Partners Chief Executive Officer Scott Phillips said the date is not finalized, but the parties involved are considering Sept. 11 for the auction, which would allow the sale to close at the end of September or October.
Information from: The Natchez Democrat, http://www.natchezdemocrat.com/
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