The board of the 208-bed hospital briefly discussed UMMC’s offer — which city and county officials and hospital staff supported — during a meeting last week. However, the board reportedly took no action and did not vote on the offer, the report states.
Under the proposed affiliation, UMMC would help the hospital increase patient volume, recruit new physicians and save millions of dollars by upgrading its current EHR system.
UMMC would also provide Greenwood Leflore with an interim CEO. The hospital has been without a chief executive since last March after the board voted not to renew former CEO Jim Jackson’s contract.
George Smith, MD, a physician liaison to the Greenwood Leflore Hospital board, told the The Greenwood Commonwealth he received a letter from UMMC outlining the hospital’s frustration with Greenwood Leflore’s lack of communication and the board’s decision not to renew Dr. Smith’s contract or the contracts of three other physicians during the last month.
To access the Delta Daily News report, click here.
More articles on transactions and valuations:
Beth Israel, Lahey Health: Watchdog ‘grossly overstated’ proposed merger costs
4 recent healthcare partnerships and transactions
Tenet exits UK market after 3 years
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.