Among those options are going private and establishing a taxing district to raise funds. “We are not considering going private; but we are considering if we should have a discussion about it,” health system spokeswoman Mary Briggs clarifies. The health system has scheduled a special board meeting Thursday to discuss the options.
Under the claims bill, Lee Memorial will pay a $10 million lump sum and $1 million annually for five years. Governor Rick Scott is expected to sign the bill, according to the report.
More Articles on Public and Private Hospitals:
Florida Bill Regulating Public Hospital Sales Heads to Governor’s Desk
Florida Commission on Public Hospitals Completes Final Recommendations; Says “Indigent Care” Districts Should be Reauthorized
Three Rivers Health in Michigan to Switch From Public Hospital to Non-Profit
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.