Sale of Clayton County hospital finalized
Prime Healthcare Foundation announced Monday that it has completed its acquisition of Southern Regional Medical Center, Clayton County’s only hospital. The deal, which closed Monday, follows a hectic year in which the struggling Southern Regional, near Hartsfield-Jackson Atlanta International Airport, sought a financial partner to avoid closure. In July, Prime... Read more
2 hospital organizations see credit ratings fall
Two Georgia hospital organizations recently received a credit downgrade from Standard & Poor’s. But the financial outlooks for the two are very different going forward, the ratings agency said. While WellStar Health System, in the midst of an acquisition drive, still shows considerable financial strength, the situation at Oconee... Read more
Emory’s Winship finds partner in Thomasville
Emory’s Winship Cancer Institute in Atlanta has announced the first community hospital partner for its new cancer network: Archbold Memorial Hospital in Thomasville. The affiliation means that physicians with the South Georgia hospital will have access to Emory cancer specialists for care consultations, the latest protocols and research, and... Read more
Rural hospital crisis crosses borders
A rural hospital announces that it’s closing its doors after steep financial losses. Employees will be laid off. Patients will have to travel farther to get hospital care. Democrats blame the fact that the Republican governor and state lawmakers have refused to expand Medicaid under the Affordable Care Act.... Read more
Piedmont plans to expand presence in mountains as Ellijay hospital downsizes
The owner of North Georgia Medical Center in Ellijay plans to close the hospital’s inpatient services and lease its emergency room and medical offices to Piedmont Healthcare. Piedmont Mountainside Hospital in Jasper, about 20 miles away, would take over operation of the Ellijay hospital’s ER, doctors’ offices and imaging... Read more

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