The proposed agreement includes the sale of Oconee Regional and its assets, including those owned by various other entities, to Macon-based Navicent Health Oconee, according to sale approval documents from the state AG’s office obtained by The Union-Recorder.
Two subsidiaries of Milledgeville-based Oconee Regional Health Systems, which owns the medical center, are not included in the transaction. The two entities include the Milledgeville-based Oconee Regional Healthcare Foundation and Monticello, Ga.-based Jasper Health Services. The subsidiaries were not included in the sale because they are legally considered debtors the health system’s Chapter 11 bankruptcy case filed earlier this summer, the report states.
ORMC previously entered into a temporary management agreement with Navicent Health last month. The agreement has since been terminated.
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