Morehead Memorial President and CEO Dana Weston told WFMY News 2 the hospital is looking for a strategic partner to maintain operations.
Interested parties can submit proposals for the hospital this month. Once all proposals are received, hospital officials will have a better understanding of how they will move forward with the bankruptcy process, according to the report.
More articles on healthcare industry transactions:
10 recent hospital transactions and partnerships
UPMC expands international operations with 50% stake in Rome hospital
Highlands Health System to merge with Appalachian Regional Healthcare
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