The United States Federal Bankruptcy Court for the Eastern District of Michigan in Bay City approved the sale of Cheboygan Hospital to McLaren Health Care later Friday.
"Thanks to some key support from our creditors, were were able to secure healthcare in Cheboygan," said Shari Schult, CEO of CMH." Our organization will now be able to continue providing the quality health services that our community deserves, like we have for more than 69 years."
Judge Daniel Opperman has set Tuesday, April 3, 2012, as the closing date for the sale.
More details are expected to be released over the next several days.