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SunLink Health Systems, Inc. Sells Trace Regional Hospital Real Estate for $2,000,000

Oct 10, 2024•over 1 year ago

Contract Type

agreement

MississippiHealth Care

Description

SunLink Health Systems, Inc. announced the completion of the sale of the hospital building and related real estate of its formerly operated Trace Regional Hospital in Houston, Mississippi for approximately $2,000,000. The net proceeds of approximately $1,932,000 will be retained for working capital and general corporate purposes. The company expects to recognize a pre-tax loss on the sale of approximately $91,000 in its second fiscal quarter ending December 31, 2024

Company Information

Company

SunLink Health Systems

Location

Mississippi, United States

About

SunLink Health Systems, Inc. is the parent company of subsidiaries that own and operate healthcare businesses in the Southeast. Each of the Company’s healthcare businesses is operated locally with a strategy of linking patients’ needs with healthcare professionals.

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