AL hospital authority to declare bankruptcy
The events at Randolph Medical Center in Roanoke, AL, have been a roller coaster ride the past few weeks, and Tuesday night's called meeting of the board was nothing short of startling. On the advice of Attorney Lee R. Benton, Roanoke Health Care Authority voted to declare Chapter 11 bankruptcy and selected him to handle it. The authority also voted to accept proposals next Wednesday on the sale of Southern Family Health Care and accepted authority chairman Gary Clark's resignation. When CFO Michael Parsons left the building after the meeting, it was most likely for the last time. When most of the business was concluded Clark said things had reached the place where he felt there was not anything more he could do. He had some business and family business to take care of and tendered his resignation. He said he wished the hospital could stay open and he was sorry he failed at keeping it open. He said this whole thing has been wearing on him personally and emotionally.
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