Alabama Hospital up for Auction 4 Years after Opening

Thomasville (Ala.) Regional Medical Center faces the possibility of foreclosure and auction sale after opening only four years ago. The rural 29-bed hospital was listed on a foreclosure filing earlier this month for nearly $40 million owed on the property, according to The South Alabamian. The property could be sold to the highest bidder for cash, with a nonrefundable $1 million deposit, May 9. Thomasville Mayor Sheldon Day told the news outlet that local officials are trying to keep the hospital open.

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Source: https://www.beckershospitalreview.com/finance/alabama-hospital-up-for-auction-4-years-after-opening.html

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