Palmyra puts up a new sign - WALB.com, Albany News, Weather, Sports

Palmyra puts up a new sign

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Workers take down the letters to the old Palmyra sign. Workers take down the letters to the old Palmyra sign.
The new Palmyra Medical Center sign is ready to go up.  The sign had already been purchased when the agreement for Phoebe to buy Palmyra was announced. The new Palmyra Medical Center sign is ready to go up. The sign had already been purchased when the agreement for Phoebe to buy Palmyra was announced.
The letters for the old Palmyra sign lie against the main hospital building.  Palmyra Medical Center has been open in Albany for more than 30 years. The letters for the old Palmyra sign lie against the main hospital building. Palmyra Medical Center has been open in Albany for more than 30 years.

Palmyra Medical Center's sign came down today, but it has nothing to do with Phoebe Putney's effort to buy the hospital.

A lot of people passing by may have wondered though when a large crane showed up to take down the old sign and put up a new one.

Palmyra officials say they bought the sign before the buyout came up.

They decided to go ahead and install it.

Phoebe signed a deal with Hospital Corporation of America - Palmyra's parent company - to buy the hospital for $195 million.

But the Federal Trade Commission is challenging the deal, claiming it would create an illegal health care monopoly.

It could be months before the issue is decided.

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