A 125-million dollar plan to help stabilize Grady Hospital in Atlanta is expected to be submitted Tuesday to the facility’s board members.
The head of Grady's Board told the Atlanta Journal-Constitution that the key part of the plan involves a line of credit worth 100-million dollars. She told the paper a search for long-term solutions would then be pursued.
Grady is in danger of closing by the end of the year without an infusion of money. The hospital is one of a handful of level-one trauma care centers in the state. It also serves the uninsured, and is a key teaching center for Georgia doctors.
The head of Grady's Board told the Atlanta Journal-Constitution that the key part of the plan involves a line of credit worth 100-million dollars. She told the paper a search for long-term solutions would then be pursued.
Grady is in danger of closing by the end of the year without an infusion of money. The hospital is one of a handful of level-one trauma care centers in the state. It also serves the uninsured, and is a key teaching center for Georgia doctors.
