Nearly four years after filing for bankruptcy, 132-bed Logan (W. Va.) General Hospital said its board has agreed to sell the hospital to investor-owned Health Management Associates, Naples, Fla. The hospital did not disclose terms of the sale in its news release and HMA declined to make any officials available for comment. The sale is contingent on proceeds being available to fund a healthcare charitable foundation for Logan County and on approval from the U.S. Bankruptcy Court in Charleston, where the hospital filed for Chapter 11 protection in October 1998. HMA operates 43 hospitals. -- by Vince Galloro
HMA agrees to buy bankrupt W.Va. hospital
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