WALKER COUNTY HOSPITAL DISTRICT BOARD MEETS IN CLOSED SESSION THEN COMMENTS ON FINANCIAL ISSUES

Following a closed meeting Thursday, according to a press release given to the Huntsville Item:

“The [Walker County Hospital] district and the hospital corporation have made many attempts to find a hospital system partner, but to date we have not secured a new partner. The district has also taken numerous steps to help the hospital corporation improve its finances, including maximizing reimbursement for the Hospital Corporation through the Medicaid 1115 waiver program, paying for maintenance repairs and capital improvements and lowering its rent.”

According to the report in the paper, Hospital District Board Chairman Anne Karr-Woodard said, “They [the hospital corporation) ran into difficulties over the last three months and need additional capital. We facilitated that. They are talking with us about more subsidies, and we are helping them in every way we can. We just can’t hand out money to a non-profit, they are required to meet certain guidelines set by law and the district.”

According to the paper’s report, Ms Woodard said, “Positive negotiations are in the works as we search for a strategic partner. We will make sure all negotiations are completed, and then we can go from there. I believe we will have good news soon.” Ms. Woodard also said, “We went in telling the corporation that we will cooperate, and if that means selling the hospital facility, we will do that. We will do whatever it takes to get a good partner.”

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