Floyd Healthcare Management accepts invitation to manage Cherokee Medical Center
April 13, 2018--7:00 a.m.
During a specially called meeting of Floyd Healthcare Management Inc. (FHMI) on Thursday, April 12, 2018, the board voted to accept the invitation of the Cherokee County Health Care Authority (CCHCA) for a Floyd subsidiary to manage Cherokee Medical Center in the event that CCHCA purchases the hospital.
The arrangement would be a lease management agreement at no purchase or lease price by Floyd other than $1.
Certain contingencies and regulatory requirements must be met before the lease will become final.
Additional details will be forthcoming