The Washington County Hospital Authority said it will provide the hospital a maximum of $20 million in bonds to help finance the purchase and assist in renovating and equipping the facility, according to the article.
While neither the public nor the county will be held liable for the bonds once issued, the hospital’s project proposal must satisfy all public approval requirements to receive financing from the hospital authority, according to the article.
A public hearing for the project took place Nov. 3.
More articles on transactions and valuations:
11 healthcare transactions in 2016 with $600M+ price tags
Keokuk Health Systems, UnityPoint Health to formalize affiliation
University of Miami Health System to manage, provide services at 17 Walgreens clinics
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
