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Alabama sends $40 million to Jackson Hospital after its exit from bankruptcy
$40 millionsent by the state to Jackson Hospital for capital expenses
The transfer fulfills the funding the state promised the hospital.
If you've been following Jackson Hospital's bankruptcy, here's the update: Gov. Kay Ivey announced Thursday that the state has transferred the $40 million it promised, now that the hospital has emerged from bankruptcy. The money is for necessary capital expenses.
“The sustainability of Jackson Hospital and the viability of a strong health care system with Baptist Health remains critical for our capital city and the River Region.”
Gov. Kay Ivey
Her office said both her administration and the incoming one will keep working with stakeholders as talks about the hospital's future go on. The next administration is under newly elected Tommy Tuberville.
- Thanked: Jackson Healthcare CEO Rick Jackson
- Thanked: Blue Cross Blue Shield of Alabama
- Thanked: county and city officials
Jackson Fest is today, and it's a birthday party: the hospital is celebrating 80 years with live music, food trucks, carnival-style games and emergency-response demonstrations on the hospital campus.
Jackson Fest runs four hours on the hospital campus today
Jackson Hospital & Clinic campus, Montgomery
- 10 a.m. to 2 p.m.Jackson Fest
- Date
- Sat., Nov. 14
- Celebrating
- 80 years of caring
Source: the event's listing
View as table
| When | What |
|---|---|
| 10 a.m. to 2 p.m. | Jackson Fest |
| Date | Sat., Nov. 14 |
| Celebrating | 80 years of caring |
