In front of local politicians and business owners, CHI Memorial CEO Larry Schumacher staked a claim to the North Georgia health care market, setting up a feud with Erlanger Health System.
Schumacher announced Friday morning that his hospital purchased Cornerstone Medical Center, the Fort Oglethorpe enterprise that has operated since 1953. Not only that, he said, but CHI Memorial also bought Hutcheson Medical Center's shut-down ambulatory surgery and cancer center, located on Battlefield Parkway.
CHI Memorial paid Regions Bank $4.5 million for the building on Nov. 15, property records show. A hospital spokeswoman declined to comment on the price of the purchase of the Cornerstone campus, located at 100 Gross Crescent Circle.