A financially-troubled Mississippi hospital announced that negotiations with a medical campus planning to take over the hospital had collapsed Magnolia State Live reports.
Just hours after revealing its plan to lay off up to 80 employees, the Greenwood Leflore Hospital said that the University of Mississippi Medical Center was no longer interested in completing a deal to take over the hospital. The breakdown in talks increases the risk of the hospital’s closure and threatens to decrease health care access in the state’s impoverished delta region.
The hospital had been scrambling to cut costs in an effort to satisfy UMMC, a medical center located in Mississippi’s capital city of Jackson. Read more.
