Grady’s finances update
City business, health leaders to serve on nonprofit board
ATLANTA — The Metro Atlanta Chamber of Commerce is urging Fulton and DeKalb counties to approve a plan that would help save Grady Memorial Hospital and has identified for the first time who could serve on the hospital’s newly created nonprofit board.
In a memo dated Friday and sent to Fulton County Commission Chairman John Eaves and DeKalb County CEO Vernon Jones, the counties’ approval is seen as the crucial next step in bailing out the public hospital, which was in danger of closing last year because of a $55 million debt.
Both counties must approve Grady’s lease agreement before it can take effect.
“With your consent, Grady will immediately be on the road to recovery,” the letter reads. “Without your consent, Grady will continue to decline and ultimately fail, and all our citizens will suffer as a result.”
To further its case, the chamber has named the first 11 board members who could serve on the nonprofit board. Among the names on that list are Pete Correll, the retired head of Georgia-Pacific Corp. who co-chaired the chamber’s task force on the safety net hospital that recommended switching to nonprofit governance several months ago.