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Profile for Betty Murphy

User Avatar Joined: Apr 11, 2011 (9:52am)
Updated: Jun 28, 2012 (5:21pm)
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When Vidant agreed to lease BC Hospital, they refused to assume the liabilities that were lurking from past mismanagement, an amount estimated to be around $22 million.
In December, 2014 the Federal Center for Medicare and Medicaid Services (CMS) released the final assessments of medical data for two of the programs within the Affordable Care Act (ACA).
Recent media reports of declining revenue, lagging patient volume and reduced operating surplus have not slowed Vidant Health from plunging ahead with plans for numerous acquisitions, mergers and/or joint ventures, but to accomplish these goals Vidant needs an infusion of capital.
When Vidant agreed to lease BC Hospital, they refused to assume the liabilities that were lurking from past mismanagement, an amount estimated to be around $22 million.
The notification letter from Vidant Pungo Hospital President Harvey Case was short and to the point.


 
 
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