Assembly members commiserated with city and hospital staff on Monday to discuss how to move forward on new organizational arrangement at Wrangell Medical Center.
Currently the hospital is a public asset, managed by the City and Borough of Wrangell. For several years it has been contending with inconsistent revenues and cash reserve concerns, and in the event of a default the city would be liable for any outstanding debts. In 2015 the Assembly approved a reserve source of interest-free funds of up to $500,000 for WMC to draw from in case of emergency.
At the meeting of WMC’s governing board on...
Reader Comments(0)