Owner of closed Tennessee hospital seeks to buy other closed hospital, create ASC — 3 insights

Johnny Presley, owner of Celina, Tenn.-based Cumberland River Hospital, is attempting to buy Jamestown (Tenn.) Regional Hospital for $1 million, the Herald-Citizen reports.

What you should know:

1. Mr. Presley is attempting to purchase the hospital from a private seller.

2. At Jamestown, Mr. Presley said he is applying for a certificate of need to open an outpatient emergency room, diagnostic center and surgery center. He said he wants to do this to "basically provide the services, just not admitting patients."

More articles on orthopedics:
Value-based care in orthopedics – 5 insights from physician leaders
Dr. Avi Kumar: 2 Qs on innovation in orthopedics and considering new devices
5 orthopedic surgeons making the news   

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months