Mayor Gahan Encourages Full Disclosure of Public Documents Before Final Vote of Hospital Sale

Floyd Memorial Hospital along State Street in New Albany.

Floyd Memorial Hospital along State Street in New Albany.

It is essential for the people of New Albany and Floyd County to understand the true value of Floyd Memorial Hospital before its sale on Tuesday, June 28, 2016.  Rough estimates for the value of the hospital range from $150M to $450M.

This is only possible if hospital and county officials supply the public with any and all appraisals as required by state statute and any other business valuations.  The City has requested that Floyd County officials reveal the other options and bids that they received and considered in private.  In addition, any potential conflicts involving voting officials or others should be immediately disclosed to the public.  These actions will ease fears and unrest regarding this unprecedented sale of a public asset in Floyd County.  

County officials need to be open about the process that has led to their decision to choose Baptist Health over other proposals. Clarification after the vote is too late and it will not give us the confidence of due process we deserve. This citizen friendly action will help us to move forward without suspicion and worry.  Further, full disclosure could reduce the probability of any future litigation or concerns regarding the sale of the hospital.   

The Mayor's office and other elected city officials who represent approximately 38,000 Floyd County residents, and the residents themselves have been denied access to these vital public documents too.  Rest assured we will continue to try to acquire these details that are rightly the property of every resident in Floyd County.  

All of Floyd county residents can help by attending the meeting and contacting their county officials and encourage full disclosure before they vote.

The full text of the purchase agreement that will be voted on by Floyd County Council and Floyd County Commissioners can be found by clicking HERE.

The final vote will take place on Tuesday, June 28th at 6pm at the Pineview Government Center.

2524 Corydon Pike #204, New Albany, IN 47150

Floyd County Council Members
President Brad Striegel -
Tom Pickett -
Cam Wright -
Lana Aebersold -
John Schellenberger -
Matt Oakley -
Jim Wathen -

Floyd County Commissioners
Mark Seabrook, Stephen Bush, Charles A. Freiberger -