In addition to rebuilding 372-bed Eliza Coffee Memorial Hospital, RegionalCare plans to recruit 70 physicians to its medical staff and bring in more specialty services, said an executive at the for-profit hospital operator, based in Brentwood, Tenn.
The board of Coffee Health Group on Feb. 23 approved a letter of intent to sell the facilities to RegionalCare.
RegionalCare’s $400 million investment includes $250 million to rebuild the hospital and $150 million to cover Coffee’s debts.
Read the Times Daily’s report on Coffee Health Group.
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