The high-stakes battle to build a hospital in Georgia’s most-populated county without one faces new hurdles, just two months after the state Supreme Court gave a green light for the project in Columbia County that’s been in litigation since 2014, according to Saporta Report.
The court’s June 1 ruling in a case filed against Georgia’s health regulator denied the final appeal by an affiliate of HCA, a Tennessee-based health services company with a market cap of $77.79 billion. HCA’s Augusta affiliate fought to overturn a ruling that denied it a state permit to build a hospital in Columbia County, a county with a growing population of fairly affluent residents.
The new challenges are a credit downgrade, coupled with a negative outlook, issued to the entity that won the right to build a 100-bed hospital in Columbia County – Augusta University Health System. Read more.