Grady Jumps into Bidding for Southern Regional
Thursday, October 1st, 2015
Acting just before a looming deadline, Grady Memorial Hospital Corp. has launched a surprise bid to acquire financially ailing Southern Regional Medical Center, Clayton County’s sole hospital.
The Grady proposal, valued at more than $20 million, sets up a bidding war between Grady and Prime Healthcare Foundation for the 331-bed Riverdale hospital and related assets.