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While the BCMH is
still going through a long
drawn-out bankruptcy
process, the Bamberg
County Hospital Board of
trustees is still receiving
interest from Hospital
Corporation of America
(HCA) in establishing
healthcare services in
Bamberg. Bamberg County
Hospital Board Chair Dr.
Danette McAlhaney noted
at the board’s January 15,
meeting that the board had
received a “letter of
interest” from HCA.
McAlhaney noted that
while the letter of interest
from HCA shows they are
still interested in Bamberg,
it “means little or nothing”
but they are still interested.
“Whether HCA comes to
Bamberg will be their
decision if they can break
even,” McAlhaney said.
Hospital board members
agreed to accept the letter
of interest from HCA.
Dr. McAlhaney noted
the letter of interest from
HCA (which operates the
Colleton County Hospital)
was “sparked” by the fact
that the Bamberg County
Hospital had to go back to
bankruptcy court because
of the “new track” that the
bankruptcy filing had
taken. She stated that she
recently attended a hearing
of the court last Wednesday
and noted that the
bankruptcy court wanted
the lawyers to decide what
standard applied for the
new track the filing was on
and “needed a good
argument” the law could
support this direction. She
stated the lawyers believe
the new plan is consistent
with the old plan with no
impact on the creditors.
“The good news is they didn’t throw us out of
bankruptcy,” Dr.
McAlhaney said, adding
the only two people that
might oppose it would be
the “G.E. and Regions
Banks” people. Dr.
McAlhaney stressed that
the hospital has not be sold,
“everybody is still on
board” and nothing has
changed over the last
several months but is
moving at a “snail’s pace.”
Also during Monday
night’s meeting, board
members gave Chairperson
McAlhaney permission to
contact other healthcare
facilities about consumable
supplies in the hospital that
are nearing their expiration
date. It was noted that a
number of supplies in the
hospital have reached their
expiration date and would
not be worth anything.
It was also reported
during the meeting that the
hospital had started to get
its tax returns forms from
IRS for “offset” money it
had recouped during last
year. The hospital presently
has $57,806 in its bank
account after a payment of
$25,000 was paid to its
bankruptcy attorney.
In a discussion of
closing out the hospital
foundation, hospital board
finance chairman Al Palmer
noted that the foundation
could be closed out by
filing the final tax return
and marking “final”. It was
noted the foundation still
has a balance of $3,000 in
its account. |