Print
Health Care

NHRMC Trustees Vote In Favor Of Hospital’s Purchase By Novant Health

By Neil Cotiaux, posted Oct 1, 2020
New Hanover Regional Medical Center's board of trustees voted Thursday evening to support the county-owned hospital system’s purchase by Winston-Salem-based Novant Health.

The vote was 16-1, with board member John Andrew the sole “no” vote.
 
The board’s decision to support the resolution to enter into a binding sales agreement with Novant followed a unanimous decision earlier in the week by the Partnership Advisory Group to recommend a “yes” vote to both the hospital trustees and the New Hanover County Board of Commissioners.
 
John Gizdic, president and CEO of NHRMC, told the trustees that voting to execute the sales agreement would “transform the health of our region for generations to come.”
 
Andrew called Novant Health “a monopoly” that would eventually sell the NHRMC operation to a third party down the road. “I feel like John the Baptist crying in the wilderness here,” he said.
 
But Andrew was overwhelmed by a boisterous voice vote that now places the proposed sale into the hands of county commissioners, who are scheduled to meet on Monday afternoon to vote on the proposed deal. At last count, only one commissioner, Rob Zapple, was on record as opposing the sale.

In addition to deciding whether or not to back the Asset Purchase Agreement, the commissioners will also discuss the use of net proceeds from the proposed sale, bylaws for a $1.25 billion community endowment to be created, and the termination of the lease between the county and NHRMC at closing, as properties and facilities being leased would be sold by the county.
Ico insights

INSIGHTS

SPONSORS' CONTENT
Headshotrosaliecalarco 1182131047

Help Stop Government Impersonator Scams

Web awstaffpic2020 1 132245438

The 2024 Luncheon for Literacy featuring Special Guest Jason Mott

Alesha Edison Westbrook - Cape Fear Literacy Council
Untitleddesign5

The Impact of a Growth Mindset

John Monahan - Vistage

Trending News

City Club, Event Center On The Market For $7.5 Million

Emma Dill - Apr 16, 2024

Wilmington Tech Company Tapped For Federal Forestry Contract

Audrey Elsberry - Apr 15, 2024

Commercial Real Estate Firm Promotes Adams, Mitchell To Vice President Roles

Staff Reports - Apr 16, 2024

New Hanover Industrial Park To Get $3.3M In Incentives For Expansion, New Jobs

Emma Dill - Apr 15, 2024

Gravette Named Executive Director Of Nir Family YMCA

Staff Reports - Apr 16, 2024

In The Current Issue

Info Junkie: Lydia Thomas

Lydia Thomas, program manager for the Center for Innovation and Entrepreneurship at UNCW, shares her top info and tech picks....


MADE: Makers Of Important Papers

W.R. Rayson is a family-owned manufacturer and converter of disposable paper products used in the dental, medical laboratory and beauty indu...


With Coffee And Cocktails, Owners Mix It Up

Baristas are incorporating craft cocktail techniques into show-stopping coffee drinks, and bartenders are mixing espresso and coffee liqueur...

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2024 Power Breakfast: The Next Season