Bankrupty Court Approves BMC's Bid For Former NARH
A federal bankruptcy court judge has approved Berkshire Medical Center’s bid to buy the former North Adams Regional Hospital which abruptly closed in March. BMC hopes to finalize the sale in August.
BMC’s $4 million offer was the only bid for the North Adams facility. The Pittsfield-based hospital has been operating a satellite emergency facility at the site since May. Meanwhile, the state has brought on the consulting firm Stroudwater Associates to work with area stakeholders and the community to determine the region’s future healthcare needs and how best to meet them.
“We’re looking forward to seeing the results of that analysis which we feel could act as a guidepost for sustainable healthcare services in Northern Berkshire,” Leary said. “But the specific uses for the rest of the facility have not been determined.”
NARH’s parent company Northern Berkshire Healthcare employed 530 people before filing bankruptcy in April.