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KershawHealth, Capella/MUSC deal extended
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Capella Healthcare of Franklin, Tenn., and MUSC Health -- the patient care arm of the Medical University of South Carolina -- will have to wait a little longer to take over KershawHealth. Following a nearly hour and a half-long executive session Monday night, the KershawHealth Board of Trustees voted unanimously, with Trustee Derial Ogburn absent and former Trustee Paul Napper’s seat unfilled, to authorize Chair Karen Eckford to execute the undated extension as KershawHealth, Capella and MUSC continue to perform due diligence for the pending transaction. A letter of intent, signed by representatives of the three companies in December, listed a March 31 closing date, less than a week.