Stakeholders in Sharon spent much of the afternoon going over details of the proposed agreement for Tenor Health to assume operations of Sharon Regional Hospital. 

But what do we know about Tenor Health and their long term viability? 

The concern for some is not necessarily that Tenor Health has a bad track record, it's that they don't have much of one at all. 

Tenor Health took ownership of its first hospital, Thomasville Regional Medical Center, last May. The hospital closed in September.

Tenor Health's CEO was introduced to the hospital's board at a meeting just before it changed hands. Sheldon Hope, mayor of Thomasville, said there were red flags from the start.

“The next morning, we had the meeting, and we were introduced to Tenor. She was not on the call, they said they had a new group that was going to buy the hospital,” said Hope. “Number one we researched and found out that the Alabama company that she formed to buy this hospital was formed the day before or the day of the LOI [letter of intent].”

Once he looked into the group, Hope worried about the owner’s lack of experience running a hospital.

“She’s got a lot of legal experience in finding issues in hospitals, funding issues… But as far as day to day operations, as far as boots on the ground operating a facility, she lacks that experience.

Maureen Tkacik, editor for the American Prospect, has been looking into Tenor Health and its past. She said key people with Tenor come from companies who've worked closely with the hospital's landlord, Medical Properties Trust, including a California based group called Prime Healthcare. She feels this is a concern.

“They’re a spinoff of Prime. Prime made a name for itself for being extremely aggressive with billing,” said Tkacik.

It's important to note, the agreement between Sharon Regional Medical Center And Tenor Health Partners is not finalized. The hospital has a set closing date of January 6.