It looks like there may be someone new looking to get into the region's hospital business and their first step appears to be a big one by buying Cheboygan Memorial Hospital, indicates a report by the Traverse City Record-Eagle.
Excerpt: A non-profit group based in Sanilac County wants to buy Cheboygan Memorial Hospital.
Michigan Rural Healthcare Preservation Inc. of Deckerville signed an asset purchase agreement last week with the Cheboygan Memorial Hospital's board of trustees to purchase the 25-bed Cheboygan hospital.
The deal is subject to approval from the state Department of Community Health, and specifics of the transaction were not disclosed.
It includes all hospital assets and operations, buildings, accounts receivables and liabilities.
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Source: Traverse City Record-Eagle