NPHS gets $10M offer for Girard Medical Center

A Tennessee-based operator of behavioral health and substance abuse services has made an offer to buy Girard Medical Center for $10 million from its parent company, North Philadelphia Health System, which filed for U.S. Bankruptcy Court protection in December. The offer from Meridian Behavioral Health System, disclosed in documents filed with the bankruptcy court, is contingent upon Meridian securing a 6 percent rate increase from Community Behavioral Health, which contracts with the city to provide…
Source: bizjournals.com Health Care News Headlines - Category: Health Management Authors: Source Type: news