Under the agreement, the city will transfer its ownership of the community hospital, including $14 million in debt and pension obligations, to Asante, which will continue to run ACH as a general hospital for 15 years and contribute $10 million in capital improvements over the next three years.
Asante has pledged to “make every effort” to offer employment opportunities to ACH’s current staff, according to the report.
More Articles on Hospital Sales:
Alameda Health Requests $20M to Keep San Leandro Open Before Sale
Natchez Regional Hospital to Conduct Feasibility Study
Jackson Hospital Board Won’t Sell or Lease
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
