Tenn. company in talks to buy Natchez hospital
NATCHEZ, Miss. (AP) – Natchez Regional Medical Center officials say they are in negotiations to sale the hospital to Community Health Systems.
Community Health Systems, which is based in Franklin, Tenn., operates more than 200 hospitals in 29 states. Its hospitals are located in non-urban and mid-size markets. It operates 12 hospitals in Mississippi.
The county board of supervisors – which has ultimately approval over any sale of the hospital – earlier entered into a letter of intent with a potential buyer.
The Natchez Democrat reports (http://bit.ly/1rwT0Wc ) the Natchez hospital confirmed Friday in a news release that Community Health is the potential buyer.
The Natchez hospital filed for bankruptcy earlier this year.
The next step in the sale process will be for the two parties to agree to an asset purchase agreement.
