Main Street HealthVentures, a Billionaires Funding Group affiliate, announced plans in May to renovate the shuttered facility. It has now decided to tear down the hospital and build a $25 million replacement, which will make it easier to meet safety code requirements, officials told Missourinet.
Franklin, Tenn.-based Community Health System closed Twin Rivers Regional Medical Center, a 116-bed hospital, in June 2018. The hospital opened in 1951, according to KAIT.
More articles on capital projects:
Bon Secours infuses $50M into hospital upgrade
10 hospitals planning upgrades, expansions
City of Hope buys site for $1B cancer hospital, research center
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
