Cookeville, TN – The Board of Trustees of Cookeville Regional Medical Center have passed a resolution to purchase Cumberland River Hospital for $6.745 million from Restoration Healthcare of Celina. Passed at the board’s May meeting, the resolution will now be forwarded to the Cookeville City Council for final approval at their regularly scheduled meeting on June 21.
Once approved by the city council, Cookeville Regional Medical Center will take ownership of the facility as of July 1. Cumberland River Hospital will become a 501 (c) 3, not-for-profit hospital with the real estate and all buildings becoming the property of the City of Cookeville. The Celina-based hospital will continue to operate as Cumberland River Hospital.
“We at Cookeville Regional Medical Center are pleased to be expanding our services,” said Cookeville Regional CEO Dr. Menachem Langer. “More and more independent hospitals are exploring options to join others as the future of health care becomes more uncertain. Acquiring Cumberland River Hospital is a great move to help secure our mission to provide quality health care into the future and to help secure the availability of health care in Celina and Clay County. We look forward to working with the staff of Cumberland River Hospital as well as becoming a part of the community in Celina and Clay County. ”
Cookeville Regional’s acquisition of Cumberland River strengthens both facilities’ positions in the region and develops a stronger base of support for both facilities. Cumberland River will continue providing services and access to care in the Celina area in addition to having more access to specialists and specialty care at Cookeville Regional.
About Cookeville Regional Medical Center
Cookeville Regional Medical Center is a 247-bed regional referral center for the Upper Cumberland area. In addition, Cookeville Regional will house a 32-bed behavioral health hospital that will open this summer in partnership with Ten Broeck Tennessee. With over 200 physicians in 40 different medical and surgical specialties, Cookeville Regional offers patients here the same kind of care that they could expect in a larger metropolitan area including specialty care such as cardiology, electrophysiology, cardiac surgery, vascular surgery, cancer treatment, physical rehabilitation and neurosurgery. Serving the Upper Cumberland since 1950, Cookeville Regional has grown to become the health care provider of choice for residents in the Upper Cumberland region.
About Cumberland River Hospital
Cumberland River Hospital has been serving its community since 1965 and provides emergency and acute care services along with home healthcare in ten counties. In addition Cumberland River provides geriatric psychiatric care that includes an 8-bed inpatient unit offering emotional and behavioral health services for older adults. The hospital also houses a skilled nursing program to facilitate skilled rehabilitation care following illness or injury. Outpatient services include diagnostic medical imaging (x-ray, computerized tomography, ultrasound), diagnostic laboratory services, respiratory care, physical therapy, occupational therapy, and speech therapy.