On Oct. 31, the city of Sturgis completed transactions related to a multi-party letter agreement releasing Sturgis Hospital Inc. from the terms of a sublease tied to hospital improvements from 2004. Completion of the transaction allowed Sturgis Hospital to finalize the terms of its acquisition by Asker Corporation, including a management agreement and financial support Read More…
Insight, a health-care organization headquartered in Flint, Michigan, has signed a letter of intent to acquire Sturgis Hospital and has entered into a period of “due diligence.” Sturgis City Commission held a special meeting Monday to discuss details of the proposal. Proposed terms of payment upon closing is $3.3 million for 11 years, beginning in Read More…
Sturgis Hospital has received designation as a “Rural Emergency Hospital.”