McAlester Regional Health Center Authority Board Minutes February 2026
Hospital Extends Forbearance Agreement With Arvest Bank
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Description
The McAlester Regional Health Center Authority approved an Amended and Restated Forbearance Agreement with Arvest Bank, extending the hospital’s forbearance period to December 2026. The action includes paying off the Southeast Healthplex Building using investment funds and pledging it as collateral against the Emergency Room Note.
Contract Details
Vendor
ARVEST BANK
Agency
Mcalester Regional Health Center, OK
Contract Type
FINANCIAL_SERVICES
Document Date
February 24, 2026
Contract Term
Extended to December 2026
Renewal Date
2026-12-31
Renewal Info
Forbearance period under the agreement is extended through December 2026; additional renewal or extension terms are not specified in the minutes.
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