Attorney General Tim Fox Still Reviewing Missoula Community Medical Center Sale
State Attorney General Tim Fox says he needs more time to analyze how to use the proceeds from the $65 million sale of Missoula's Community Medical Center.
Fox approved the sale in January.
His spokesman John Barnes tells Montana Public Radio that the review of where the money from the sale should go should be complete by March 13.
Because the hospital was a nonprofit sold to a for-profit partnership, money from the sale by law has to be used for similar charitable purposes.
Community Medical Center's plan would put most of the money into a new health care foundation, but also donate $10 million to the University of Montana Foundation.
Community hospital was sold to Billings Clinic and RegionalCare Hospital Partners of Tennessee.