The majority of the Limestone County Commission is calling to cut funding to the hospital, according to the report. The commissioners plan to cut the hospital’s funding from $1.5 million per fiscal year to $134,000 for fiscal years 2015 to 2016 and 2016 to 2017.
The reduction in funding could delay the project.
More articles on transactions and valuation issues:
Plymouth Meeting ASC files for $100K in financing
8 hospitals & health systems opening ASCs – Sept. 10, 2015
Sale/lease-back deals attract ASC owners
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