Mon July 22, 2024

By Jeff Smithpeters

Business Community

Health Care media outlet reports Pafford to buy Wadley Regional

Steward Health
Health Care media outlet reports Pafford to buy Wadley Regional
As reported on the Modern Healthcare website by Bloomberg reporter Jonathan Randles, Steward Health Care, the parent company of Wadley Regional Medical Center in Hope, has announced it has a buyer for the Hope hospital in Pafford Health Systems Inc.

The story said Pafford will pay $200,000 for the hospital. The source for this disclosure is documents filed by Steward yesterday as part of its bankruptcy case. The deal must be approved by the Southern Federal District of Texas court before it can go ahead.

This news emerges in advance of hearings by a U.S. Senate committee chaired by Senator Bernie Sanders (I-Vermont).

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