News Talk 94.1/AM 1600 Where The Upper Cumberland Talks
The Jamestown Regional Medical Center is back in the hands of Renova Healthcare after only a few days of new ownership.
The county sold the hospital to Lester C. Clark at a delinquent tax sale on April 19. That after Renova failed to pay taxes for three years.
Upon the sale of the property, Renova was given one year to redeem the property by paying the delinquent taxes, plus interest. Clark said Renova returned to the Fentress County Clerk’s Office to claim the former medical center.
Clark said he believed the property would be redeemed all along and had no real plans for the future of the facility, but gaining control of the land was worth taking the chance.
He said Renova paid some $220,000 that he had spent to buy it and owed minimal interest, given the property only changed hands for a few days.
