Plans for Phoebe North to Move Forward
Thursday, April 2nd, 2015
A legal battle with a federal regulatory agency over the Hospital Authority of Albany-Dougherty’s purchase of the former Palmyra Medical Center has concluded after four years at a cost that Phoebe Putney Memorial Hospital CEO Joel Wernick said was “at least seven figures and headed toward eight.”
Following news from the Federal Trade Commission Tuesday evening that a final settlement had been reached in regard to its opposition of the purchase of Phoebe North (formerly Palmyra) by the Hospital Authority, Wernick and senior administrative and board leadership for Phoebe Putney announced what the next steps would be in the utilization of its former rival.
