Cheboygan Memorial Hospital in Michigan Proposes Quick Sale to McLaren Health

Cheboygan (Mich.) Memorial Hospital has proposed an expedited sale to McLaren Health Care Corp. in Flint Township, Mich., according to a Cheboygan Daily Tribune report.

Advertisement

Hospital officials want to sell before March 23.

Cheboygan announced Chapter 11 bankruptcy earlier this month after losing more than $7 million last year.

More Articles on Michigan Hospital Transactions:

Marquette General, Duke LifePoint Sign Memorandum of Understanding
U-M Health System, Trinity Health Complete Affiliation Agreement
Sparrow, Hayes Green Beach Memorial in Michigan Develop Affiliation

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.

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.