McLaren Health’s Purchase of Cheboygan Memorial Back on Track

The U.S. Bankruptcy Court has “settled or resolved” motions related to the bankruptcy of Cheboygan (Mich.) Memorial Hospital- clearing the way for McLaren Health Care in Flint, Mich., to complete its purchase of CMH, according to a Cheboygan Daily Tribune report.

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According to the report, two sources confirmed that CMH sent legal documentation for the sale to McLaren Health Monday afternoon. The reported price of the sale is $5 million. If the CMH sale is completed today, CMH’s emergency room and other outpatient services should re-open within two weeks.

May 3 will mark the one-month anniversary of CMH’s closure after McLaren’s purchase was halted over issues with CMS licensing and regulations.

More Articles on McLaren Health, Cheboygan Memorial Hospital:

CMS, McLaren Health Continue Pursuit of Sale
McLaren Health to Reopen Closed Cheboygan Memorial Clinics
Cheboygan Memorial Hospital Shuts Down After McLaren Sale Halts

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