SEARHC-WMC deal looks promising, parties say
May 31, 2018
After a series of meetings and public presentations last week, a proposed acquisition of Wrangell Medical Center by a regional health group looks more probable.
Southeast Alaska Rural Health Consortium has expressed interest in administering the municipal hospital, which has been in a prolonged state of financial difficulty. At the Wrangell Assembly's most recent meeting last Tuesday, WMC chief executive officer Robert Rang reported having only 13 days' cash on hand with which to cover operational costs, driven in part by fluctuations in revenue. Though in a spot of positive news, he said c...