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Hospital projected to lose $700,000 first 3-5 years

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By Alice Du Pont

Michael Glazer, the Gadsden Hospital Inc. attorney who has been taken the lead in navigating the county through the opening of Gadsden Memorial Hospital, told the Board of County Commissioners during their regular Jan. 19 meeting "a lot is happening."

He said Healthcare Corporation of America, which has signed a letter of intent to operate the hospital, has a list of projections for the hospital for the next 3 to 5 years, including an estimated $700,000 to $800,000 loss with an additional $4.8 to $6.7 million in write-offs, charity and bad debts.


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