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Christus could invest $150 million in Longview facilities

The court approved a resolution Tuesday authorizing money from the bonds to fund the upgrades in Longview.

LONGVIEW, Texas — Christus Health could invest up to $150 million in its Longview facilities in the next several years, county officials learned Tuesday.

Michael Cheek, chief financial officer for the Christus Good Shepherd Health System, told the Gregg County Commissioners Court that Irving-based Christus Health will use up to $500 million in tax-exempt public bonds to fund improvements at its Texas locations.

The court approved a resolution Tuesday authorizing money from the bonds to fund the upgrades in Longview, though the county will have no liability relating to the bonds or the projects, according to a letter the company’s law firm sent to Gregg County Judge Bill Stoudt.

Read more from our news partners, the Longview News-Journal.

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