Multiple proposals have been submitted by companies seeking to buy Singing River Health System, with the Jackson County Board of Supervisors setting a deadline of April 14 to select the best bid and begin negotiations with that group, according to Becker’s.
Raymond James, a Jackson-based financial services firm that oversaw the bid process for the county, suggested in 2022 the hospital would sell for between $158 million and $238 million, according to the report.
Singing River has hospitals in Ocean Springs, Pascagoula and Gulfport, Miss., and 30 clinics. The county-owned system employs about 4,000 people.
It has an existing partnership with New Orleans-based Ochsner Health, which was expected to bid for the system. Read more.
