The Fayette County Hospital District Board will look to get an appraisal of the hospital building and negotiate further with Sarah Bush Lincoln in regards to their offer to purchase the hospital building.
SBL CEO Jerry Esker, CFO Dennis Pluard and Kim Uphoff of Sarah Bush Lincoln were on hand to speak at the Fayette County Hospital District Board meeting on Monday evening, with a room full of hospital employees also in attendance. Esker started off by stating there seemed to be a little misinformation out about the offer they have made to the hospital. From there, CFO Pluard laid out the offer made to purchase the hospital building.
And, Pluard emphasized SBL would not keep any of the money, as it would go back into the hospital.
Pluard goes on to lay out other parts of the proposal, including the eventual elimination of the real estate taxes for the district board, if SBL’s offer is accepted.
Emerging from a 40 minute closed session, the Fayette County Hospital District Board voted to table the Resolution from Sarah Bush Lincoln. The board will look to get an appraisal to determine the value of the hospital building, and will use a firm from Chicago who specializes in hospital appraisals. The board also voted to table the resolution from Sarah Bush Lincoln, pending further negotiation and the outcome of the appraisal.
Meanwhile, Sarah Bush Lincoln has been the operator of Fayette County Hospital for nearly 2 years and several employees spoke in favor of the proposal from Sarah Bush Lincoln and many other thoughts were shared during the meeting. And, we will have more on that coming up tomorrow.
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