Walker and Catoosa counties have extended until Dec. 31, 2014, the timeline for a $6 million line of credit for Hutcheson Medical Center in Fort Oglethorpe.
The credit line was due to expire at the end of this month.
In addition, Walker County said its commissioner, Bebe Heiskell, has signed a $1 million line of credit for the hospital that serves the northwest Georgia counties of Walker, Catoosa and Dade
“We are extending this credit because we want the community and hospital staff to know that we support Hutcheson’s future as an independent medical center,” Heiskell said. “Together with the support of Regions Bank, which shares our commitment to the hospital’s future, Walker County has extended its financial backing of Hutcheson.”
She said Hutcheson is not in immediate need of funding and the $1 million line of credit will be held and not drawn on unless needed.
Get breaking news from the Times Free Press on Twitter at www.twitter.com/timesfreepress or by visiting us on Facebook or Twitter at the right:
related articles »
Hutcheson Medical Center officials sought to put a positive spin Monday night at being left at the altar without an ...
Catoosa County, Ga., commissioners voted Tuesday morning to get $35 million in debt off Hutcheson Medical Center's back while the ...
LaFAYETTE, Ga. — The big bailout of Hutcheson Medical Center may have to wait — or maybe not.
The financial lifeline for Hutcheson Medical Center got longer Wednesday when Catoosa County commissioners voted to extend by $3 million ...