Randolph Health gets an Interim CEO and Attorney General approves loan

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American Healthcare Systems, LLC wins the rights to Randolph Health following a two-day auction.

It’s been a long and arduous process to get Randolph Health acquired by American Healthcare Systems, LLC. With these new milestones, they’re close to the finishing line and are likely to announce the finalized deal in a week, according to Randolph Health representative April Thorton.

At a bankruptcy hearing on last week, Randolph Health moved a few steps closer to finalizing its sale to American Healthcare Systems, LLC, which will happen later this summer, according to Randolph Health.

Here’s what happened:

An Interim CEO

Michael S. Miller became Interim CEO of Randolph Health, effective June 5th, until Tim Ford takes over with the sale to American Healthcare Systems. He follows the departure of Angela Orth, who assumed the CEO position for Randolph Health in 2018 and helped it file for bankruptcy and secure a buyer.



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