030420 Randolph Health
Closed Session – Randolph Health — March 4, 2020
At 6:02 p.m., the Board convened in closed pursuant to North Carolina General Statutes
Section 143-318.11 for the purpose of discussing competitive healthcare activities by or on behalf
of Randolph Health, which discussion is privileged and confidential pursuant to North Carolina
General Statutes Section 131E-97.3, as is permitted by North Carolina General Statutes Section
143-318.11(a)(1).” Chairman Darrell Frye, Vice-Chairman David Allen, Commissioner Kenny
Kidd, Commissioner Maxton McDowell, and Commissioner Hope Haywood were present. Also
present were County Manager Hal Johnson, Finance Officer Will Massie, County Attorney Ben
Morgan, Associate County Attorney Aimee Scotton, Clerk to the Board Dana Crisco, and Deputy
Clerk to the Board Sarah Pack. Also present were Asheboro Mayor David Smith, Asheboro City
Council Members Charles Swiers, Clark Bell, Walker Moffitt, Eddie Burks, and Jane Redding.
Also present with the City of Asheboro were City Manager John Ogburn, Attorney Jeff Sugg, and
Clerk to the Board Holly Doerr. City Council members Linda Carter and Katie Snuggs were
absent. Those present representing the hospital were CEO Angie Orth, Senior Director of Public
Relations and Development April Thornton, Attorney Jason Hendron, Attorney Bob Wilson,
Board Chairman Mac Pugh, and Isaac Squyers, Consultant with Jarrard.
Angie Orth, CEO, said the hospital will be filing Chapter 11 Bankruptcy in the United States
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Middle District of North Carolina on Friday, March 6 at 12:00 pm. The hospital had also hired
Houlihan-Lokey, an acquisition and merger firm, to help in locating a possible successor hospital.
She introduced April Thornton and Isacc Squyers who explained the appropriate communications
to give to the public during this time of debt restructuring.
Chairman Frye referenced a media statement that had been distributed to everyone present. It
had been drafted in preparation for Randolph Health’s filing of a petition for relief under Chapter
11 of the Bankruptcy Code. The Board was in consensus that the statement was reflective of the
Board’s position.
At 7:27 p.m., on motion of Allen, seconded by Kidd, the Board voted unanimously to end closed
session and return to open session.
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Darrell L. Frye, Chairman David Allen
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Kenny Kidd Maxton McDowell
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Hope Haywood Dana Crisco, Clerk to the Board
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