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SunLink Health Systems Sell Mississippi Hospital Property for $2 Million
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SunLink Health Systems Sell Mississippi Hospital Property for $2 Million
Oct 10, 2024 11:45 PM

05:52 PM EDT, 10/10/2024 (MT Newswires) -- SunLink Health Systems ( SSY ) said Thursday its Southern Health Corporation of Houston unit and an affiliate sold the Trace Regional Hospital building and related real estate in Houston, Mississippi, for about $2 million.

The net proceeds of $1.93 million will be used for working capital and general corporate purposes, the company said.

SunLink expects to recognize a $91,000 pretax loss on the sale in fiscal Q2 ending Dec. 31.

Price: 0.8799, Change: +0.07, Percent Change: +8.50

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