Tennessee Hospital Operator Submits Letter of Intent to Acquire Georgia Hospital

Restoration Healthcare, a Tennessee-based hospital operator, has submitted a letter of intent to acquire Banks Jackson Commerce (Ga.) Medical Center, according to a report in the Gainesville Times.

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Details of the agreement between Restoration, which operates its facilities as joint ventures with local physicians, and the debt-ridden Banks Jackson have not been released.

Read the Gainesville Times’ report on the Banks Jackson Commerce Medical Center sale.

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