HMC/CAH Consolidated Buying 22-Bed Hospital in North Carolina for $1.6M
April 20, 2010
Hoots Memorial Hospital in Yadkinville, N.C., will be sold to Kansas City, Mo.-based HMC/CAH Consolidated for $1.6 million, according to a report by the Winston-Salem Journal.
Under the deal, HMC/CAH, which has been managing the 22-bed public hospital for more than a year, will build a new hospital, probably with fewer beds than the current facility.
The Yadkin County Board began the process of selling the hospital last fall, but HMC/CAH was the only bidder.
Read the Winston-Salem Journal's report on Hoots Memorial Hospital.
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