Due to a delayed report on the hospital’s outstanding financial liabilities and a postponed meeting between Juneau, Alaska-based SEARHC and CMS, SEARHC will now begin operating Sitka Community Aug. 1.
SEARHC is meeting with CMS to satisfy state and federal filing requirements to close the deal, according to the report. The financial report will lay out what SEARHC might absorb in the sale process.
“We’re very positive and this minor delay is just that, it’s a minor delay as we are able to move forward and finalize the agreement,” SEARHC executive vice president Dan Neumeister told KCAW.
More articles on healthcare industry transactions:
UCSF ends talks to deepen ties with Dignity Health
Mass General to acquire second New Hampshire hospital
CHS continues hospital sell-off spree with deal in Texas
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