Bowie Memorial, which closed last November, accepted Hashmi Group’s takeover bid in February.
With the sale contract signed, Hashmi Group plans to reopen the hospital under a new name: Central Hospital of Bowie.
Regarding the transaction, Hasan Farid Hashmi, MD, of Hashmi Group, said, “Our aim is not just to restart the hospital, but to advance to a point that it becomes a regional center.”
The transaction is expected to close May 16.
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