ALBANY, Ga. -- Due to the complexities involved in closing the deal, Phoebe Putney Memorial Hospital officials have announced that the closing of Palmyra Medical Center will be delayed again.
Employees of Phoebe and Hospital Corporation of America (owners of Palmyra) were notified Tuesday by a joint statement from the two entities that the closing would be delayed again.
"The date has been adjusted to complete work required prior to closing, which includes numerous matters of due diligence and review and analysis, as well as regulatory and compliance matters," the statement declared. "All parties continue to work diligently on the most expeditious completion of this transaction, and we anticipate that closing will occur as soon as the Hospital Authority (of Albany-Dougherty County) and HCA-Palmyra Medical Center have completed all preparations for the closing and transition."
The deal was set to close today, a development that was announced last week after at least two other anticipated closing dates had passed. The closing was initially set to take place in late January, and was later pushed back to March 1.
Officials are not giving an exact closing date at this point, but expect the deal to be finalized any day.
In other news, Phoebe is coming up on its centennial celebration -- and officials are preparing to kick-off the anniversary festivities.
The celebration will start April 21, which is when Phoebe plans to start counting down the remaining 100 days until the anniversary date -- which is July 31 -- at the original site of the hospital.
A historical marker will be unveiled at the original site. A group of four children, who have parents employed at Phoebe, will assist CEO Joel Wernick in bringing down the Phoebe flag off of the flagpole near the hospital's main entrance and replacing it with a designated centennial celebration flag.
"This has been five years in the planning stages," said Lacy Lee, co-chair of the centennial celebration. "The Phoebe family is excited.
"For 100 years the lights have never gone out, and since that time, health care has been provided to the community here and we anticipate (providing) another century of care."
The flag change will take place at 1:30 p.m., with the remaining festivities set to occur from 2 p.m.-3 p.m. Attendees will be able to leave the event with a schedule of other centennial celebration events that have been set.
Some of the notable attendees are expected to include local and state dignitaries as well as representatives from the Georgia Historical Society.