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UMMC deal to lease Grenada hospital approved

(Justin Lewis, WTVA)
(Justin Lewis, WTVA)
Reported by: Mel Carlock
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Updated: 8/15/2013 3:14 pm
JACKSON, Miss. (WTVA) -- The University of Mississippi Medical Center is set to take over operations at Grenada Lakes Medical Center on September 1.

The state College Board approved a deal to allow UMMC to lease the 156 bed-facility from the Grenada County Board of Supervisors.

Under the agreement, UMMC will pay the county $1.8 million annually to retire GLMC's $37.4 million debt.

The 20-year lease goes into effect on January 1, 2014, and inlcudes three optional 10-year extensions.

During the interim, a committee will work to transition the hospital and its operations to UMMC models.

GLMC workers will also be transitioned to UMMC employees.

Grenada Lakes Medical Center employees 400 full-time and 50 part-time employees.






 

 


 


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