While the fate of Laurel Regional Hospital remains undecided, owner Dimensions Healthcare System Thursday disputed allegations from the CEO of the hospital’s potential buyer, BridgePoint Healthcare, that Dimensions officials have withheld financial information promised to BridgePoint.
In a letter addressed to Dimensions President and CEO Neil Moore on Feb. 19, BridgePoint President Marc Ferrell said the companies entered into a confidentiality and non-disclosure agreement in November 2015 that allows the free flow of financial documentation. Since then, however, Dimensions officials have sent only four out of the 12 financial documents that BridgePoint officials have requested, the letter stated.
On Thursday, Dimensions’ Senior Vice President Carl Jean-Baptiste responded to Ferrell’s letter with one of his own, in which he disputes Ferrell’s assertion and states that he “personally sent documents responsive to nine of the 12 items.” After asking Ferrell’s attorney, Michael Edney, for BridgePoint’s list of remaining requests, Dimensions never heard back from Edney, Jean-Baptiste’s letter states.
“As a result, the parties have not been able to reconcile any outstanding items,” Jean-Baptiste wrote.
Click here to read the rest of the article written by Andrew Michaels over at the Baltimore Sun