POPLARVILLE, Miss. — A south Mississippi county is guaranteeing a loan to help a hospital’s cash flow.
The Picayune Item reports that Pearl River County supervisors are providing a $500,000 line of credit to Pearl River County Hospital and Nursing Home in Poplarville.
Hospital CEO James Williams says the institution has yet to borrow any money.
Supervisor Hudson Holliday says the hospital could need short-term help to make payroll while waiting on federal reimbursements. He says the hospital is supposed to repay any loan within 30 days.
Holliday says he questions the judgment of anyone who wants to hurt the Poplarville hospital, which has 350 employees.
County Administrator Adrian Lumpkin says the county last gave the hospital money in 2011. The county devotes $312,000 yearly in property taxes to subsidize the nursing home.
Information from: Picayune Item, http://www.picayuneitem.com