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Anniston council approves asset purchase to transfer Regional Medical Center to Orlando Health affiliate
Summary
The Anniston City Council voted to authorize an asset purchase agreement that will transfer substantially all assets of the Regional Medical Center to BBH‑N Incorporated, an affiliate of Orlando Health; council members said the deal is intended to stabilize local health care while requiring enforceable commitments on emergency services, workforce and access.
Anniston — The Anniston City Council on April 7 approved an ordinance authorizing an asset purchase agreement that will transfer substantially all assets of the Regional Medical Center (RMC) from the Anniston Healthcare Authority to BBH‑N Incorporated, described in the ordinance as an affiliate of Orlando Health.
The ordinance, read into the record by city staff, cites the Healthcare Authorities Act and Code of Alabama sections referenced in the text and says the authority will transfer its assets to BBH in return for contractual obligations BBH will perform; Orlando Health is listed in the transcript as the guarantor for certain obligations. The ordinance as presented states it becomes effective immediately upon adoption and publication one time in the…
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