Is Clarksdale’s Hospital Close to Closing?

Chicot Memorial

CLARKSDALE, MS (Ben Caxton) — Could Clarksdale’s hospital close by the end of the year? Curae Health filed Chapter 11 bankruptcy in August but last week said Northwest Mississippi Regional Medical Center is losing so much money that it could pull the bankrupt company down before it can sell its three Mississippi hospitals. The company cites $57 million in liabilities against $12.6 million in assets, saying revenues have fallen below levels needed to make debt payments. Curae leases the hospital from Coahoma County for $500,000 a year. Paul Pearson, president of the board of supervisors, says closing the hospital is “unacceptable” and the county has hired Ridgeland-based Trilogy Healthcare Solutions to help find a new operator. Curae will auction Gilmore Memorial Hospital in Amory next month but has not disclosed sale plans for Panola Medical Center in Batesville. Nearly 500 people are employed at Northwest Mississippi Regional Medical Center. Curae closed one if its Alabama hospitals in January. Five rural Mississippi hospitals have closed since 2013.

 


RECOMMENDED FOR YOU

Be the first to comment on "Is Clarksdale’s Hospital Close to Closing?"

Leave a comment

Your email address will not be published.


*