CRMC Cancels Celina Hospital Deal With Osborn Group

Cookeville Regional Medical Center has canceled negotions with Ohio-based Osborn Group in selling Cumberland River Hospital. CRMC’s board of trustees has recommended moving forward with the second-highest bidder Steve Clapp and Celina Healthcare, LLC. CRMC Chief Executive Officer Paul Korth spoke on the hospitals decision following Thursday’s board meeting. “[Clapp has] assured us he can …

CRMC Board Recommends Osborn Group for Celina Hospital

Cookeville Regional Medical Center’s (CRMC) Board of Directors has recommended Ohio-based Osborn Group to purchase Cumberland River Hospital (CRH). CRMC CEO Paul Korth discussed the proposal during Thursday’s Board meeting. “Based upon the fact that they do want to open it and run it as a medical facility, I think that would be in the …

CRMC Committee Approves CRH Closing Costs

Cookeville Regional Medical Center’s (CRMC) Finance Committee approved closing costs from the Cumberland River Hospital (CRH) Tuesday. CEO Paul Korth said the Celina facility racked up over $5.7 million in money owed to CRMC prior to closing March 1. “We went through a detailed analysis of Cumberland River. We wanted to get Cumberland River’s books …

CRMC Accepting Bids For Cumberland River Hospital

Cookeville Regional Medical Center is accepting bids for the former Cumberland River Hospital in Celina. CRMC CEO Paul Korth told Cookeville City Council last month that the organization plans to sell all of its Celina assets as a single package. “I think our first step is going to be that we will package everything – …

Cookeville Resolution Would Surplus CRH Property

Cookeville City Council will consider a resolution Thursday declaring the Cumberland River Hospital property as surplus. Cookeville Regional Medical Center (CRMC) CEO Paul Korth said the hospital will make a final push to sell the CRH facility and its assets as a whole. “I think our first step is going to be we will package …

Celina Mayor Hoping for Quick Turnaround with CRH Closure

Celina Mayor Joey Rich hopes to have a quick turnaround in finding a potential buyer for Cumberland River Hospital (CRH). Rich and other Clay County residents attended Cookeville Regional Medical Center’s (CRMC) special-called Board of Trustees meeting Wednesday regarding the closure of CRH. “We were just asking some of the board members about the licensure …

CRMC Still Looking for Cumberland River Hospital Buyers

Cookeville Regional Medical Center has yet to solidify a buyer for Cumberland River Hospital. CEO Paul Korth said the hospital has received several offers for the Celina facility but nothing has come to fruition. “As of right now, there’s still nobody that is able to come up with the money to close on the transaction …