SunLink Health Systems, Inc. MKT today announced that it has
signed an agreement for the sale of substantially all the assets and the
leasehold interest of its subsidiary, Dexter Hospital, LLC, D/B/A Missouri
Southern Healthcare, to Southeast Missouri Hospital Association, D/B/A
SoutheastHEALTH. The assets of Missouri Southern Healthcare consist of a
leased 50-bed acute care hospital and related clinics, equipment, and home
health services in Dexter, MO. The transaction is subject to a number of
preconditions, including satisfactory buyer due diligence and, subject
thereto, is expected to close by December 31, 2012. It is anticipated that
SunLink's subsidiary, Dexter Hospital, LLC, will manage the hospital for
SoutheastHEALTH after closing during a transition period ending June 30, 2013.
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