Sturgis Hospital Sold

Sturgis Hospital is in new hands. Sturgis city officials said the city completed transactions Oct. 31, on a multiple-party letter agreement “releasing Sturgis Hospital Inc. from the terms of a sublease” tied to hospital improvements dating to 2004. Completion of the transaction allowed Sturgis Hospital Inc. to finalize the terms of its acquisition by Asker Corp., including a management agreement and financial support of the hospital. That agreement will be in place until the acquisition is approved by the Michigan Attorney General’s office.

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Source: https://www.sturgisjournal.com/story/news/2023/11/03/sturgis-hospital-sold/71435529007

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