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.
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