Start Date 2014-12-00
End Date 2017-07-00
Is Current no
Amount 6,000,000 USD
Goods Joint venture to buy Callaway Community Hospital in Fulton, Missouri
Notes "MU Health paid $1.15 million in cash and provided a loan guarantee for $2.75 million for a 35 percent stake in the $6 million deal. NueHealth has 65 percent ownership." "Nueterra and MU Health had plans to open a 10-bed, $40 million surgical hospital in south Columbia until the state’s Health Facilities Review Committee voted 5-2 against granting a certificate of need during a July 2015 hearing. Powell testified to the committee that the new hospital, which would have included two operating rooms and an emergency room, was needed “to keep our doors open.”
Updated over 2 years ago