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Article: Northwest Health's condition upgraded to stable. (sale of Northwest Health System to Quorum Health Group Inc.)
- Article from:
- Arkansas Business
- Article date:
- August 24, 1998
- Author:
CopyrightCOPYRIGHT 1998 Journal Publishing, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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After Flat-Lining, Hospital System Recovering Thanks to Quorum Health Group
Northwest health system's 14-member board of directors knew more than a month before its public announcement Aug. 8 that the community-owned, not-for-profit entity would have to be sold.
"We learned we had a strong need for capital, and we needed it quick," says Bob Shaw, who has been the board's chairman since February.
But a physician who was involved in the process says the necessity of a sale has loomed for much longer, and he blames competitive forces.
"It seemed that [a sale was coming] for over a year," says Dr. John Kendrick, a practicing physician for the past ...
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Article: Possible Sale Includes Northwest.(by Quorum Health ...
Arkansas Business;
August 21, 2000 ;
700+ words
... ... business units, publicly, traded Quorum Health Group Inc. is considering selling out ... Nashville, Tenn., company that owns Northwest Health System. The system comprises Springdale ... recent figures were not available, but Northwest Health president and CEO Bill Bradley was ...
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