By The Associated Press
OXFORD — Oxford, Lafayette County and Baptist Memorial Health Care Corp. hope finalize the sale of the local hospital to Baptist by July 31.
The Oxford Eagle reports that the sale will allow Baptist to get paperwork filed with the Mississippi Department of Health, which must approve construction of a new hospital.
Memphis, Tenn.-based Baptist Memorial Health Care earlier announced the new $300 million hospital it wants to build will be located within the current city limits of Oxford.
The city and county have agreed to sell the current Baptist Medical Center-North Mississippi to Baptist. Baptist currently leases the hospital from the city and county.
The proposal has been in the works since 2009.