Oktibbeha County could sell its publicly owned hospital

STARKVILLE, Miss. — Officials in north Mississippi are moving closer to selling a county-owned hospital, despite objections from the hospital board and others.

Oktibbeha County supervisors voted 3-2 last week to seek proposals for the sale or 50-year lease of OCH Regional Medical Center in Starkville.

The Northeast Mississippi Daily Journal reports 40 physicians signed a resolution opposing a change in ownership amid concerns about loss of local control.

A report commissioned by supervisors calculated the hospital needs $4 million to $6 million in revenue annually to sustain operations and invest in capital improvements, technology and development.

The report estimated supervisors would receive bids between $20 million and $60 million for the hospital. Any proceeds would first have to retire the remaining $24.8 million on 2008 hospital bonds approved by county voters.

Source: WJTV