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Systems make deal to run South Carolina hospital

The State, January 14, 2009
Palmetto Health and Greenville Hospital System University Medical Center have formed a new corporation to run Palmetto Health Baptist Easley, effectively making GHS a co-owner of the Pickens County, SC-based hospital. Under the recently approved plan, GHS will pay $45 million for a 50% interest in the hospital, said GHS CEO Michael Riordan. GHS also has agreed to give as much as $5 million to Baptist's foundation, he said.