Plano, Texas-based Community Hospital Corporation recently announced that it will lease and operate Jellico (Tenn.) Community Hospital, a member of Altamonte Springs, Fla.-based Adventist Health System.
Agreements were signed Friday to transfer the hospital from AHS to CHC, according to a news release. CHC has also negotiated a new long-term lease of the hospital facility.
Under the agreements, Jellico Community Hospital, as well as the hospital's CarePlus Center in Williamsburg, Ky., will become part of CHC effective May 1, 2015, according to a news release.
Jimm Bunch, chairman of the board, Jellico Community Hospital, said in a statement, "We have been proud to serve the community of Jellico for 40 years but the financial pressures and hardship of managing a small community hospital without the partnership and resources of a larger system within the region are no longer sustainable. We are pleased that CHC will embrace and further our mission in this community."
CHC has also entered into a clinical affiliation agreement with Louisville, Ky.-based Baptist Health.
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