CROSSVILLE CORPORATION BUYS CELINA’S NOW DEFUNCT CUMBERLAND RIVER HOSPITAL
After both original bidders for Celina’s Cumberland River Hospital (CRH) failed to complete the steps necessary to complete the purchase, the Cookeville Regional Medical Center Authority (CRMCA) voted last night (Thurs) to reject all bids and dispose of the property as authorized in a resolution passed March 6. The real estate and hospital assets will now be sold to Rural Hospital & Clinics of America, Inc. of Crossville.
“The purchase price of $200,000 includes real estate and hospital assets,” said Luke Hill, CRMC chief legal counsel. “It is everything that was included before minus the home healthcare license. That is separate and we’re still determining our options with the home healthcare license.”
Rural Hospital & Clinics of America, Inc. is a newly formed Crossville corporation. The registered agent is Johnny Presley. Although this is a new company, Mr. Presley has a long-standing relationship with CRMC.
“Johnny Presley is somebody we have, at the medical center, been working with for several years in Crossville,” said Paul Korth, CRMC CEO. “He’s got a clinic up there and we rent space from him. We have some of our specialty doctors going up there. So, he’s been in the provider network and region for quite some time.”
