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University Health Systems of Eastern Carolina (UHS) has reduced its offer to take over Beaufort Regional Health Systems (BRHS).
UHS has already reneged on its proposal to buy Beaufort Regional Health System...to the tune of reducing its offer from $30 million upfront money to $25 million.
University Health Systems of Eastern Carolina (UHS) has reduced its offer to take over Beaufort Regional Health Systems (BRHS).
UHS has already reneged on its proposal to buy Beaufort Regional Health System...to the tune of reducing its offer from $30 million upfront money to $25 million.
Beaufort Regional Health System Chief Financial Officer Dick Reif submitted to the hospital board an Interim Financial Statement for the fiscal-year ending Sept. 30, 2010, at a special-called meeting.
The Beaufort Regional Health System has begun negotiations with outside organizations that have submitted proposals to take over the Heath System (Hospital) totally or to take over the management.
Community Health Systems is once again a potential affiliation partner for Beaufort Regional Health Systems and will be active in the negotiation process, which could begin Nov. 8.
The reason the Health System is in its current predicament is because of poor management and a board that has been unwilling to make the hard decisions to cut expenses.
But only 22 spoke and most of those said the same thing: Merge with University Health System (UHS) and the sooner the better.
According to the experts hired by the board to assist it, those negotiations are expected to be "intense." The board is seeking comments on what should be negotiated and the priorities the boa
The Beaufort Regional Health System hospital board will be seeking input from BRHS medical staff and the general public regarding the contents of five bids for affiliation.
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