In February, Judge Graham overturned the $80 million merger, ruling the 21 closed-door meetings surrounding the merger were in violation of the state’s Sunshine Law and that the two groups’ attempts to “cure” the violations by reholding the meetings were not an appropriate remedy. The ruling forces Adventist to transition the hospital’s ownership back to the Southeast Volusia Hospital District.
The target date, however, may need to be adjusted in order to allow the hospital to renegotiate the terms of a $12 million line of credit, according to the report.
Read the Orlando Sentinel report on Bert Fish Medical Center.
Related articles on Bert Fish Medical Center:
Adventist Health Won’t Appeal Voiding of Merger With Florida’s Bert Fish Medical Center
Judge Overturns Bert Fish, Adventist Merger Due to Sunshine Law Violations
Trial Begins in Lawsuit Alleging Violations During Bert Fish Medical Center’s Merger With Florida Hospital
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
