Stimulus!

New downtown Knoxville Mercy hospital shelved

Mercy Health Partners said Thursday it has shelved plans to build a new downtown hospital because of the economy and uncertainty over the national health care debate.

The unanimous decision made by Mercy's board of directors comes a year after the health system announced that it would build a $400 million replacement facility on the site of the former Baptist Hospital of East Tennessee if certain financial benchmarks were met.

But, but, they're just going to tax the rich!

Hat-tip: Instapundit -- your go-to source for Knoxville news!

Health Care Posted by John Kranz at June 13, 2009 5:27 PM