Sponsored by VMG Health | info@vmghealth.com | 214.369.4888

Missouri Bill Would Make North Kansas City Hospital Independent Non-Profit

After residents voiced strong opposition to the city council's plan to sell North Kansas City (Mo.) Hospital to a for-profit company, Missouri Sen. Ryan Silvey (R) put a bill forward that would enable the hospital to become an independent, non-profit corporation, according to a report from the Kansas City Business Journal.

The city and the hospital's board have been at a costly legal stalemate since last year, when the city council hired a consultant to explore selling the hospital, to the board's chagrin.

If passed, the bill would allow the hospital's board to vote to break away from the city's ownership and function as a non-profit and would make the hospital ineligible for sale or lease for 15 years. Residents could also vote to spin off the hospital with a petition to put the move on the ballot, according to the report.

More Articles on Hospital Sales:

Bankruptcy Judge Approves Montefiore Medical Center's Bid for Westchester Square Medical Center
N.J. Attorney General Closely Reviews Prime Healthcare's Purchase of St. Mary's Hospital
City Approves Sale of Dolly Vinsant Memorial Hospital in Texas

Copyright © 2022 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars