by Pam Zubeck
Here's a reminder that if you have something to say about city-owned Memorial Health System's future governance and ownership, you should drop in to a public meeting between 5:30 and 8:30 p.m. tomorrow, Tuesday, June 29.
The meeting, hosted by the Citizens’ Commission on Ownership and Governance of Memorial Health System, will be held at the Clarion Hotel and Conference Center, 314 W. Bijou St. A presentation begins at 6.
Members of the commission will hear what residents have to say about how to oversee Memorial or whether to keep it under city ownership.
Brian Newsome, a flak for Memorial, suggests residents keep the following in mind:
Memorial receives no local taxpayer support
Memorial has served the health care needs of our citizens since 1904. It has been under city ownership since 1943 and approved by voters in 1949
Memorial is the largest non-military business in the community, employing more than 4,000 people
Memorial contributes to our economy well beyond the half billion it generates in revenue each year
Under the state's hospital Transfer Act, the city would be restricted in how it spends the money from a sale of Memorial to a for-profit corporation. The sales proceeds would have to be earmarked for health care. If it's sold or merged with a nonprofit, other restricts might apply through IRS rules.