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Channel 6 News - Search Results

The following is an archived video story. The text content of that video story is available below for reference. The original video has been deleted and is no longer available.

$4M bid made for North Adams hospital

SPRINGFIELD, Mass. (AP) -- Pittsfield's Berkshire Medical Center has agreed to pay $4 million for the former North Adams Regional Hospital and affiliated facilities, as well as a doctors' building.

According to documents filed this week as part of bankruptcy proceedings, the purchase-and-sale agreement is contingent on whether other bidders step in with offers.

In a filing for Northern Berkshire Healthcare's Chapter 7 bankruptcy, Berkshire Health Systems and the holders of more than $30 million in bond debt have agreed on a sale price of $3.4 million for the hospital, parking garage and administrative building, and $600,000 for the Northern Berkshire Family Medicine building. The agreement includes assets including medical equipment and office furniture.

In related news, a judge Wednesday endorsed a plan to restore emergency services at the North Adams hospital by mid-May.
 
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