NATCHEZ, Miss. -- The Mississippi Development Authority has given its blessing to local governments to consider the sale of Natchez Regional Medical Center an economic development project. The move clears the way for the bankruptcy court to review the proposed sale structure.
The Natchez Democrat reports (http://bit.ly/VBYXZH ) the MDA reviewed the application for the hospital sale to be considered a Regional Economic Development Alliance project, and granted its approval in a Certificate of Public Convenience published Monday.
Adams County Board of Supervisors Attorney Scott Slover says the certificate of public convenience means the hospital can now take its sale structure to the federal bankruptcy court for approval.
He says the court could review the structure at a conference Thursday.
The hospital filed bankruptcy citing a $3 million deficit between financial assets and liabilities.
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