Under the agreement, an affiliate Dobbs Equity Partners will acquire both hospitals, which will then begin Chapter 9 bankruptcy proceedings to reorganize debt. The new health system will merge the two hospitals and build a new regional facility, which will offer expanded specialty services currently not available in the region. Two ambulatory care centers are also planned.
Related Articles on the Bamberg, Barnwell Merger:
Bamberg, Barnwell Counties Revive Plans for Health System in South Carolina
Barnwell County Continues to Meet With HMP Over Hospital Sale After Tri-County Plan Falls Through
S.C.’s Bamberg County Hospital Lays Off One-Third of Employees as Three-County Consolidation Fails
Bamberg, Barnwell Counties Revive Plans for Health System in South Carolina