Health: Possible updates this week on Floyd/Cherokee Medical Center proposal.

Health: Possible updates this week on Floyd/Cherokee Medical Center proposal.

 

Radio station WEIS 100.5 FM/990 AM reports the Cherokee County Health Care Authority hopes to wrap up the purchase of Cherokee Medical Center this week, which will clear the way for Floyd Healthcare to manage and operate the hospital under an agreement with the authority. It would be Floyd’s second such venture, the first being the agreement with Polk County officials to manage Polk Medical Center off U.S. 278.

“Although the purchase of the hospital has not been finalized, we are hopeful we will soon be able to cross the finish line with this,” Eric Ellis, chairman of the Health Care Authority, told WEIS. “We understand there’s a lot of interest and excitement about the future of Cherokee Medical Center, but at this point it would be inaccurate to assume this complicated process has been completed.”

In April, the board of Floyd Healthcare Management Inc. said it had “voted to accept the invitation of the Health Care Authority for a Floyd subsidiary to lease and operate Cherokee Medical Center in the event (the authority) purchases the hospital.”

Expanded story here.

Please see our previous story on the proposed deal here. 

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