Funding cuts could kill the $35M Athens-Limestone Hospital ASC

Athens (Ala)-Limestone Hospital is planning to build a $35 million ASC in Athens, but funding issues could derail the project, according to The News Courier.

Advertisement

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

Advertisement

Next Up in ASC Transactions & Valuation Issues

Advertisement

Comments are closed.