Merger of 2 Maine Hospitals Approved - NECN


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Merger of 2 Maine Hospitals Approved



    Merger of 2 Maine Hospitals Approved
    FILE - Getty Images
    A doctor holds a stethoscope.

    A bankruptcy judge says two Brunswick, Maine, hospitals can merge.

    Officials with Mid Coast Health says its purchase of Parkview Adventist Medical Center became official on Thursday. Parkview has 55 beds while Mid Coast Hospital has 92.

    The Portland Press Herald reports the terms of the agreement call for Mid Coast to pay Parkview $3.8 million at closing and forgive $579,540 of an advance it gave to Parkview during bankruptcy proceedings. Mid Coast will also commit $1 million each year for three years into the Parkview campus.

    Parkview is operated by the Seventh-day Adventist Church. It filed for voluntary Chapter 11 bankruptcy protection in June.

    The Press Herald reports all employees of the 190 Parkview facility are expected to be rehired by Mid Coast.

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