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Tuesday, September 25, 2007

Grady board will look at non-profit idea

Grady Health System's board members have decided to look more closely at leasing management to a private, non-profit board. In a unanimous vote Monday, they authorized the formation of an exploratory committee to examine how that change could look.

Two months ago, Grady's board hired a team of lawyers to research legal questions around restructuring. At yesterday's meeting, the lawyers said the board needs to know more about what benefits would come from non-profit management before any decision can be made.

Chairperson Pamela Stephenson says the exploratory committee will be charged with answering that and many other questions.

"What is it we're going to do? What is it going to look like? What's the funding going to look like? When can we expect it? Who's going to do what? And flesh out the details..."

Stephenson will appoint committee members from among civic, government, and business leaders this week. Their recommendation is due in two months.

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