Unicoi County Memorial’s board of control voted in late November to accept Mountain State’s proposal over others, including a proposal from Wellmont Health System in Kingsport, Tenn. According to the report, many individuals in the community favored Wellmont’s proposal because it called for an expansion at Unicoi County Momorial rather than the downsizing rumored to be in Mountain States Health’s proposal.
Participants of the rally signed a petition in an effort to persuade the Tennessee Attorney General to overturn the proposed acquisition, according to the report. The attorney general must approve the sale before it can be finalized.
More Articles on Hospital Acquisitions:
OhioHealth Acquires Marion Regional Cancer Center
MedStar Health Completes Acquisition of Southern Maryland Hospital Center
Prime Healthcare Services, Saint Michael’s Medical Center Sign Letter of Intent
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
