Sunlink Health Systems, Inc. Announces $2 Million Expansion, Capital and Operating Improvements at Trace Regional Hospital
March 15 2021 - 5:04PM
Business Wire
SunLink Health Systems, Inc. (NYSE American: SSY) announced
today that its wholly-owned subsidiary, Trace Regional Hospital,
has implemented its Trace Forward Capital Plan totaling
approximately $2 million to expand, upgrade and improve its
physical plant, patient care, ancillary services and support areas.
The Trace Forward Capital Plan includes an 8-bed expansion of its
Pathways Care Program, a geriatric behavioral health service, which
will bring Pathways to 26 total beds. The Plan also features
modernized, acute care patient rooms with renovated support areas,
a complete hospital-wide replacement and upgrade of its heating and
air conditioning systems, replacement of a substantial portion of
the building roof, enhanced Women’s services equipment, new
diagnostic equipment, additional information technology equipment
and improved IT security services. In connection of these
improvements Trace has recently added new ultrasound equipment and
expanded telemedicine services to augment its existing digital
mammography capabilities.
Marianne Johnson, Trace COO/CNO and executive in charge of the
Pathways Care Program, commented, “The expansion and upgrade of our
Pathways Care Program will allow us to meet the growing demand for
quality senior behavioral services as well as acute care hospital
services in our northeast Mississippi service area.”
Sheila Brockman, Trace CEO, said, “Our major capital
expenditures are being undertaken in a manner that minimizes
disruption in our medical center services and are expected to be
completed by June 30, 2021. They are being paid out of Trace’s cash
on hand and reflect our commitment to the quality of and access to
healthcare services in the Houston community and Chickasaw County,
and our confidence in the growth potential of the northeast
Mississippi area. We wish to thank our elected Mississippi and
Federal officials and staff for making these investments possible
under various provisions of the CARES Act, which are funding a
portion of the Trace Forward Capital Plan, and for prioritizing
quality and access to care for the citizens of the Houston and
Chickasaw County area during this uncertain and potentially
disastrous period of the COVID-19 pandemic.”
Trace Regional Hospital is an 84-bed licensed acute care
hospital, which includes the 18-bed Pathways Care Program and Floy
Dyer Nursing Home, a 66-bed skilled nursing facility. Trace,
Pathways and Floy Dyer are located in Houston, Mississippi, and
focus primarily on senior healthcare services.
SunLink Health Systems, Inc. is the parent company of
subsidiaries that own and operate healthcare properties and
businesses in the Southeast. Each of the Company’s businesses is
operated locally with a strategy of linking patients’ needs with
healthcare professionals. For additional information on SunLink
Health Systems, Inc., please visit the Company’s website.
This press release contains certain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995 including, without limitation, statements regarding the
company’s business strategy. These forward-looking statements are
subject to certain risks, uncertainties, and other factors, which
could cause actual results, performance, and achievements to differ
materially from those anticipated. Certain of those risks,
uncertainties and other factors are disclosed in more detail in the
company’s Annual Report on Form 10-K for the year ended June 30,
2020 and other filings with the Securities and Exchange Commission
which can be located at www.sec.gov.
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Robert M. Thornton, Jr. Chief Executive Officer
(770) 933-7004
Sunlink Health Systems (AMEX:SSY)
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