Grady’s fi­nances up­date

City busi­ness, health lead­ers to serve on non­profit board

The Covington News - - Local news -

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.

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