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Bay Medical Center Receives 1.4 Million Dollars In BP Settlement [USA]
BP will pay Bay Medical Center 1.4 million dollars for damages sustained because of last year’s Deepwater Horizon oil rig explosion and the...oil spill. Hospital officials say they saw fewer patients because there were fewer tourists at the beach last summer. Bay Medical’s C.E.O., Steve Johnson says this settlement will avoid legal costs and help the hospital move past the financial setback. "It has taken an inordinate amount of work on our part and staff time getting together the data necessary to support our claim with BP. We're very fortunate to see this part of the process come to a close," said Johnson. Hospital officials expect they’ll receive the money from the settlement this week. They will use the money on daily hospital operations.