Capella Vice President of Acquisitions and Development Doug Johnson confirmed the news to the Dispatch, saying the for-profit Capella made the offer to the county board of supervisors in an April 23 letter. Financial terms of a proposed lease were not disclosed.
OCH Regional Medical Center CEO Richard Hilton told the Dispatch he did not know about the lease proposal until the newspaper contacted him, and he declined to comment further.
More Articles on Hospital Transactions:
Consultants to Weigh Possible Sale of El Centro Regional Medical Center in California
Protecting Rural Healthcare: How Frontier Hospitals Prioritizes Management
Community Hospitals: Why Their Futures Are More Flexible Than You Think
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