Emory forgives $20 million of Grady Hospital debt

By: Associated Press
By: Associated Press

ATLANTA (AP) - Emory University officials say they have forgiven
$20 million of the debt owed by cash-strapped Grady Memorial
Hospital.

Grady provides most of the trauma services and indigent care to metro Atlanta.

Hospital officials say other hospitals should help, since they would be flooded with indigent clients and have to provide their own trauma care if Grady did not exist.

Pete Correll, head of the Grady board of directors, says Grady officials met this week with the heads of several metro Atlanta hospitals to request that they contribute $30 million to help the safety-net facility over the next few years.

Correll says Grady still owes Emory about $44 million. Emory's medical school provides many doctors who work at Grady, which has
not been able to pay for them for years.


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