City council members and hospital leaders recently met to discuss a possible sale of the public hospital, which lost nearly $32 million in 2008, according to the report.
A committee of community leaders will evaluate a possible sale and will report its finding to the council in six to nine months, according to the report.
Estimates suggest that a sale of the hospital could bring between $250 million and $400 million, according to the report.
Read KKTV’s report on the Memorial Health System.
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.
