- Associated Press - Wednesday, April 30, 2014

SPRINGFIELD, Mass. (AP) - Pittsfield’s Berkshire Medical Center has agreed to pay $4 million for the former North Adams Regional Hospital and affiliated facilities, as well as a doctors’ building.

According to documents filed this week as part of bankruptcy proceedings, the purchase-and-sale agreement is contingent on whether other bidders step in with offers.

In a filing for Northern Berkshire Healthcare’s Chapter 7 bankruptcy, Berkshire Health Systems and the holders of more than $30 million in bond debt have agreed on a sale price of $3.4 million for the hospital, parking garage and administrative building, and $600,000 for the Northern Berkshire Family Medicine building. The agreement includes assets including medical equipment and office furniture.

In related news, a judge Wednesday endorsed a plan to restore emergency services at the North Adams hospital by mid-May.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.

 

Click to Read More

Click to Hide