Highlands-Cashiers Hospital

Lilly Knoepp

The independent monitor hired to ensure HCA Healthcare follows through on agreements it made when purchasing Mission Health held its first public meeting Tuesday evening.  BPR was at the Cashiers-Glenville Rec Center, which was full of concerned residents.

Tom Urban and Ron Winters from Gibbins Advisors lead the discussion. Winters started out with the basics: 

“Let me go into the commitments that HCA made under the asset purchase agreement. There are four big categories: Retaining services at the hospitals…”

Lilly Knoepp

The independent monitor chosen to oversee HCA Healthcare’s operation of the Mission Health system has scheduled informational sessions across Western North Carolina.  Gibbins Advisors was named the independent monitor at the end of October. Their role as independent monitor was a stipulation of Mission Health’s $1.5 billion sale to the for-profit hospital. The company is tasked with overseeing HCA’s compliance with the obligations it agreed to when it purchased Mission.  

Lilly Knoepp

  The sale of the Mission Health System means more than $1-billion in proceeds would be awarded to groups in Western North Carolina through grants.  The first grant applications are now being accepted by one legacy foundation of its hospitals. BPR attended one of the workshops for the grant in Cashier.

 

 

Lilly Knoepp

Mission Health has finalized their deal with HCA but it isn’t done yet. The deal is currently on the desk of NC Attorney General Josh Stein. Stein is expected to approve or amend the deal near the end of November.

Mission Health’s deal will affect 18 counties in Western North Carolina so each community has a chance to send letters to Stein voicing their concerns about the deal or their support.

Photo courtesy of Mission Health

Highlands-Cashiers Hospital will stick with Mission through its potential sale to Hospital Corporation of America.