Appalachian Regional Hospital says it has signed an agreement to buy Williamson Memorial Hospital
ARH not only plans to buy the 76-bed
hospital, but five physician practices owned by Williamson Memorial.
They expect the sale to be finalized by
February 2014.
Joe Grossman, ARH's president, says
that buying Williamson Memorial will bring full access to the best healthcare
services possible in the Tug
Valley
ARH currently has a hospital in South
Williamson, Ky.
The sale caused outrage in Williamson
where several residents gathered Wednesday night at a packed City Council
meeting. Many voiced their concerns.
The Williamson mayor said because the
non-profit group buying the hospital would not have to pay B&O taxes, he
says it would wreck havoc on the budget.
Also, many employees expressed concern
that they could lose their jobs.
