A Bevy of Bond Deals OK'd for North Carolina Hospitals

DeSue, Tedra
May 2003
Bond Buyer;5/27/2003, Vol. 344 Issue 31643, p3
Trade Publication
This article reports that the North Carolina Medical Care Commission held its quarterly meeting earlier in May 2003 and signed off on requests for bond issues from several hospitals, including a $300 million revenue bond deal for the company Novant Health Inc. Novant operates seven acute-care facilities in North Carolina, including Presbyterian Hospital in Charlotte and Forsyth Medical Center in Winston-Salem. The emergency department at Forsyth will be expanded and renovated, as will the intensive care unit. Novant has steadily improved its finances since selling its managed care division, Carolina Medi-Plan Inc.


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