Lake Whitney Medical Center nearly closed its doors in July, but Deerfield Beach, Fla.-based Frontier Hospitals stepped in at the beginning of August with a 30-day lease-purchase agreement.
However, at the end of August, Frontier terminated its agreement with Lake Whitney Medical Center, forcing the hospital authority to step in. Officials have said several groups have expressed interest in buying the hospital, including an unnamed group based in Waco, Texas. The hospital authority hopes to sell the facility within 30 days, according to the report.
More Articles on Hospital Transactions:
Proctor Hospital Agrees to Merge With UnityPoint Health-Methodist
Geisinger, Holy Spirit Health System Agree to Affiliate
Beth Israel, Jordan Hospital Merger Won’t Increase Costs, Commission Says
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
