It's nice reporting some good news for a change. The taxpayers of Clark Co. are off the hook for 50 million dollars owed on a bond for Clark Co. Hospital under terms of agreement on the sale of the hospital to LifePoint.The operations at Clark Memorial had become a money pit... The BatBlog has been informed that allegedly Clark Memorial under the current management was close to defaulting on the monthly bond payment which could have forced reduced services or possibly even closing the doors of CMH and making Clark Co. government and taxpayers responsible for the bond payment...The sale and bailout of CMH is a win, win situation for county residents.
In the agreement Clark Co. taxpayers will not face anymore liabilities from hospital operations and the bond will be paid off. Current employees will retain their jobs (subject to drug test), capital improvements to the hospital will be made, county inmates will continue to get medical care for 5 years and the Doctor's groups affiliated with Nortons will be retained.
The BatBlog would like to thank the County Commissioners and the group of people who worked with them to hammer out this deal which is in the best interests of Clark Co. taxpayers and residents...
The Clark County Commissioners
ReplyDeleteare to be commended for this successfully
completed plan and deal. Their leadership is excellent.
This is one of the most successful actions ever undertaken
by ANY government entity in Jeffersonville and Clark County. Bravo!
Agreed Concerned Voter the Commissioners and staff made an excellent choice and a well executed plan to aid the citizens of Clark Co.
ReplyDeleteThe Jeffersonville City council should take some tips from the Commissioners on solving problems and working for their constituents instead of playing politics on every issue....
thanks commissioners, well done.
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