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UNC Health Care to buy Morehead Memorial Hospital

On Monday, a bankruptcy judge approved the sale of Morehead Memorial Hospital to UNC Health Care, picking the health care system over Empower iHCC, the Florida company originally named the lead bidder for the struggling Eden hospital. UNC Health Care asked ... read more

UNC Health Care outbids previous company to buy bankrupt North Carolina hospital

Chapel Hill, N.C.-based UNC Health Care raised its bid to purchase Eden, N.C.-based Morehead Memorial Hospital to $11.5 million during a bankruptcy court hearing Monday, surpassing the previous highest bid by roughly $500,000, the News & Record reports. read more

UNC Health Care To Acquire Bankrupt Eden Hospital

UNC Health Care will acquire Morehead Memorial Hospital in Eden. Credit Dan Sears / UNC UNC Health Care will acquire Morehead Memorial Hospital out of bankruptcy. In July, the nonprofit hospital in Eden filed for Chapter 11 bankruptcy protection and sought ... read more

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Cone Health, others make bids for troubled Morehead Memorial Hospital in Eden

Would-be owners, including Cone Health, have submitted offers to purchase all or parts of financially struggling Morehead Memorial ... Eden hospital, and Wake Forest Baptist Medical Center were not list in the bankruptcy filing. UNC Health Care emerging ... read more

Part 1: North Carolina’s urban hospitals pile up the cash

Betsy Johnson Hospital in Lillington had an operating loss of $2.5 million in 2010; Person Memorial Hospital ... William Roper, CEO of UNC Health Care, told the General Assembly that getting larger allows UNC to buy supplies cheaper and sell services ... read more

Rural SC hospitals explore avenues for help

“If a small hospital is not looking at all its options, it’s not going to survive,” said Michael Williams, CEO of Fairfield Memorial ... looking to buy small hospitals. Charles Beaman,CEO of Palmetto Health,said the dynamics of health care have ... read more

Rural hospitals in financial distress

The majority of the closures are in the Southeastern U.S., according to researchers based at UNC ... hospital. It will operate as an 24/7 emergency department and will include behavioral health services. A fifth North Carolina hospital, Morehead Memorial ... read more

Yale doctor, panel addresses hidden fees, shift in health services

NEW HAVEN >> Dr. Paul Taheri was the man in the middle Wednesday as he listened to worried workers and state officials dealing with the rapidly changing health care landscape as ... Local 5049 at Lawrence and Memorial Hospital, led a four-day strike ... read more

Cary Owen

Cary had a profound impact on health care in North Carolina by serving as a director of the UNC Health Care System Board; Director and Chairman of the Memorial Mission Medical Center and Hospital ... in the Asheville Citizen-Times from May 6 to May ... read more

UNC Health Care wins right to buy Morehead Hospital

GREENSBORO - UNC Health Care prevailed Monday in a bidding battle to buy Morehead Memorial Hospital out of bankruptcy for $11.5 million in cash and $22 million in other investment. U.S. Bankrpuptcy Judge Benjamin Kahn ended a lengthy hearing by picking ... read more

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