published Monday, November 25th, 2013

New $2 million loan will let Hutcheson Medical Center make payroll

Aerial of Hutcheson Medical Center at Fort Oglethorpe, Ga.
Aerial of Hutcheson Medical Center at Fort Oglethorpe, Ga.
Photo by Dan Henry /Chattanooga Times Free Press.

Walker County, Ga., Sole Commissioner Bebe Heiskell voted this morning to back another $2 million loan to Hutcheson Medical Center.

“They can’t make another payroll without some backing,” Heiskell said of the publicly owned Fort Oglethorpe hospital.

Almost 800 employees work at Hutcheson, representing almost that many families, Heiskell said.

Walker and Catoosa counties previously have backed $6 million worth of low-interest loans to Hutcheson. Another $2 million would bring the total to $8 million loaned to the hospital by Regions Bank backed by the two counties.

The hospital board has been meeting behind closed doors to weigh what officials describe as more than one proposal from health care organizations to manage Hutcheson.

For complete details, see tomorrow’s Chattanooga Times Free Press.

about Tim Omarzu...

Tim Omarzu covers education for the Times Free Press. Omarzu is a longtime journalist who has worked as a reporter and editor at daily and weekly newspapers in Michigan, Nevada and California.

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