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Newnan Hospital and Piedmont Healthcare Reach Agreement |
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Wednesday, 31 May 2006 |
In late April, it was announced that Newnan Hospital and Piedmont Healthcare reached an agreement. Piedmont will acquire certain assets and assume certain liabilities related to the operations of Newnan Hospital. Completion of the acquisition is anticipated in approximately 90 days.
Upon acquisition, Piedmont will, within 12 months, file a Certificate-of-Need application with the state to build a new state-of-the-art hospital complex. Piedmont has committed to begin construction on the new facility within the year following all necessary approvals. The medical staff, hospital staff and community will be involved in the planning and development process for the new hospital and its location.
Piedmont's commitment also includes an immediate capital investment to support existing services and add new technology and services.
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Community In Action