Community members expressed disapproval of such a deal in a May public hearing, influencing the board’s decision, according to a hospital press release. A consulting firm that estimated Jackson Hospital’s fair market value is between $18 million and $28 million found that selling the hospital to for-profit owners would translate to a $3.7 million loss to the community through lost public services, according to the report.
More Articles on Hospital Sales:
Port Huron Hospital in Michigan Looks to Sell
County Owners Say 3 Buyers Want Natchez Regional Medical Center in Mississippi
SCL Health System Plans Sale of St. John’s in California to Providence Health & Services
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