
In the medical drama television series Grey's Anatomy, Meredith Grey, an intern at the fictional Seattle Grace Hospital, and Derek Shepherd, the head of neurosurgery, are involved in a complex and captivating relationship. As the series progresses, the pair face various challenges, including personal losses and professional struggles, such as the arrival of Derek's wife, Addison Montgomery, and the subsequent love triangle. The storyline takes an intriguing turn as the hospital faces financial troubles and considers budget cuts or even a potential sale. Ultimately, the crash survivors, including Meredith and Derek, decide to sue the hospital and then buy it themselves, renaming it Grey Sloan Memorial Hospital. This bold move sets the stage for further developments in their personal and professional lives, with Meredith and Derek playing a significant role in shaping the future of their beloved hospital.
Characteristics | Values |
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Who bought the hospital? | The buyers of the hospital became known as the "Grey Sloan Seven": Meredith Grey, Derek Shepherd, Arizona Robbins, Callie Torres, Cristina Yang, Richard Webber, and Jackson Avery. |
Why did they buy the hospital? | To prevent the hospital from being sold to Pegasus Horizons, which the doctors disliked due to the changes they would have had to make. |
How did they buy the hospital? | Using money from a lawsuit and Mark Sloan's $15 million from the lawsuit, originally meant for his daughter Sofia. |
Who else was involved? | Alana Cahill, a physician advisor hired to help with the hospital's financial troubles, and Stan, Derek's financial advisor. |
What was the outcome? | The hospital was renamed Grey Sloan Memorial Hospital, and the new board included the crash survivors, Callie, Richard, and Jackson, who worked to repair the hospital and reopen the ER. |
What You'll Learn
Meredith and Derek are part of a group of doctors who buy the hospital
Meredith Grey and Derek Shepherd are part of a group of doctors who buy the hospital in the medical drama television series Grey's Anatomy. The group, known as the "Grey Sloan Seven", consisted of Meredith, Derek, Arizona Robbins, Callie Torres, Cristina Yang, Richard Webber, and Jackson Avery.
The process of buying the hospital began after the plane crash, when the surviving doctors, including Meredith and Derek, met with a representative to determine their next steps. They were initially offered a settlement from Bayview Aeronautics, the owner of the plane they were on. However, Derek convinced the others not to settle, and they decided to sue instead.
During this time, the hospital hired Alana Cahill, a physician advisor, to help with their financial troubles. Cahill suggested closing the ER to save money, but Derek and April created a plan to cut the budget to save it. Despite their efforts, Cahill maintained that the hospital could not be saved by budget cuts alone and that it would need to be sold. She found an interested buyer in Pegasus Horizons, which already owned several hospitals.
Callie, one of the crash survivors, suggested to the group that they use the money from the lawsuit to buy the hospital themselves. They considered this idea, but there were disagreements among the doctors, with some not wanting to spend all their money on the purchase. Despite the challenges, the group, including Meredith and Derek, successfully bought the hospital and renamed it Grey Sloan Memorial Hospital.
While Meredith and Derek were part of the group that purchased the hospital, it is important to note that they did not own a majority stake. The Harper Avery Foundation, led by Catherine Avery, held 51% of the voting power, while Meredith and the other doctors had a smaller share.
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The group is known as the Grey Sloan Seven
Meredith Grey, the protagonist of the show Grey's Anatomy, is introduced as a surgical intern at the fictional Seattle Grace Hospital. She eventually obtains the position of a surgical resident, and later becomes an attending surgeon. In 2016, she attains the Chief of General Surgery position.
Meredith is part of a group known as the Grey Sloan Seven, which also includes Derek Shepherd, Arizona Robbins, Callie Torres, Cristina Yang, Richard Webber, and Jackson Avery. This group of doctors are the owners of Grey Sloan Memorial Hospital, formerly known as Seattle Grace Mercy West Hospital. The hospital is distinct as it is owned and run by doctors.
The group came to own the hospital through a series of events that began with a plane crash involving several doctors from the hospital. The survivors of the crash sued the hospital, and after a lengthy legal battle, they were able to secure a settlement. However, instead of simply accepting the monetary compensation, the group decided to buy the hospital themselves.
The purchase was made possible through a combination of the settlement funds, additional investments, and the inclusion of Mark Sloan's $15 million from the lawsuit, which was originally intended for his daughter, Sofia. The group also faced challenges in raising the necessary funds, as they initially struggled to find investors and had to seek additional financial support.
The new board of directors, which included the Grey Sloan Seven, worked to repair the hospital's reputation and restore its standing as a Level 1 trauma center. They also made the decision to rename the hospital Grey Sloan Memorial Hospital to honour the two doctors, Lexie Grey and Mark Sloan, who died in the plane crash.
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The doctors buy the hospital after suing the hospital following a plane crash
In the medical drama television series Grey's Anatomy, doctors at the fictional Seattle Grace Hospital (later Seattle Grace-Mercy West Hospital, and afterward Grey+Sloan Memorial) sue the hospital following a plane crash. The survivors of the plane crash, including Meredith Grey and Derek Shepherd, meet with a representative to determine their next steps. They are initially offered a settlement from Bayview Aeronautics, the owner of the plane they were on. However, after inspecting the aircraft fragments, Derek convinces the others not to settle, and they decide to sue.
After deciding to sue, the doctors meet with lawyers to discuss calculating damages and potential defendants. The idea of suing the pilot, Jerry, is dismissed, as he is seen as one of them. Derek and Callie specifically discuss Derek's injured hand, which will prevent him from operating again. The doctors eventually use the money from the lawsuit to buy the hospital themselves, renaming it Grey Sloan Memorial Hospital.
The group of buyers, known as the "Grey Sloan Seven," includes Meredith Grey, Derek Shepherd, Arizona Robbins, Callie Torres, Cristina Yang, Richard Webber, and Jackson Avery. This group includes only four out of the "Seattle Grace Five," as Mark Sloan died before the lawsuit began. However, Mark's $15 million from the lawsuit was used in the purchase of the hospital, and it is possible that Lexie's money was also used.
The doctors face challenges in raising the necessary funds to purchase the hospital. They initially consider selling to Pegasus Horizons, but decide against it due to concerns about the changes that would be made. They explore other options, such as using money from the lawsuit and seeking additional investors. Ultimately, they secure the remaining funds from the Harper Avery Foundation, which gains a seat on the board for its representative, Jackson.
The purchase of the hospital by the doctors, including Meredith and Derek, allows them to repair the hospital and restore its reputation. They decide to reopen the ER to regain their level 1 trauma center standing and rename the hospital to honour the crash survivors and those who passed away.
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The Harper Avery Foundation owns 51% of the hospital
The process of buying the hospital began after a plane crash involving several doctors, including Meredith Grey and Derek Shepherd. The crash survivors initially considered suing the hospital but ultimately decided to buy it themselves using money from the lawsuit. This group, known as the "Grey Sloan Seven," included Meredith, Derek, Arizona Robbins, Callie Torres, Cristina Yang, Richard Webber, and Jackson Avery.
The buyers were concerned about potential changes to the hospital under new ownership and wanted to protect their interests. They faced challenges in raising the necessary funds, and at one point, considered using shares and money from other sources, such as Sloan and Lexie's shares and Lexie Grey's settlement money. However, they were unable to reach Cristina, and Arizona was reluctant to spend all their money on the purchase.
Ultimately, the Harper Avery Foundation's investment ensured the group could buy the hospital and begin making improvements, including reopening the ER to regain their Level 1 trauma center standing. The hospital was renamed Grey Sloan Memorial Hospital, reflecting the contributions and ownership stakes of the buyers. While Meredith and Derek had a significant role in the purchase, the Harper Avery Foundation's majority ownership gave it substantial influence over the hospital's future direction.
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The hospital is renamed Grey Sloan Memorial Hospital
In the medical drama television series *Grey's Anatomy*, Meredith Grey and Derek Shepherd are involved in the process of buying the hospital where they work. The hospital, originally known as Seattle Grace Hospital, undergoes several name changes throughout the series, including Seattle Grace-Mercy West Hospital.
Following a plane crash, the surviving doctors, including Meredith and Derek, sue the hospital and ultimately decide to buy it themselves. This group of buyers becomes known as the "Grey Sloan Seven": Meredith Grey, Derek Shepherd, Arizona Robbins, Callie Torres, Cristina Yang, Richard Webber, and Jackson Avery. The hospital is renamed Grey Sloan Memorial Hospital after the purchase.
The decision to buy the hospital is sparked by the crash survivors' dissatisfaction with the potential new owner, Pegasus Horizons. They aim to make significant changes to the hospital, including closing the ER to cut costs. To prevent these undesirable changes, the crash survivors, led by Callie, decide to use the money from the lawsuit to buy the hospital themselves.
The process of buying the hospital is not without its challenges. The group faces financial hurdles and has to seek additional funding from investors. They also grapple with the legal intricacies of physician ownership of hospitals, opting to establish a foundation to run the day-to-day operations instead. Despite the obstacles, they successfully purchase the hospital and rename it Grey Sloan Memorial Hospital, reflecting their ownership and honouring their late colleagues.
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Frequently asked questions
No, they do not. After a plane crash, the survivors, including Meredith and Derek, sue the hospital and then buy it. This group is known as the "Grey Sloan Seven", which includes Meredith Grey, Derek Shepherd, Arizona Robbins, Callie Torres, Cristina Yang, Richard Webber, and Jackson Avery.
The hospital was facing financial troubles and was looking for a buyer. The crash survivors decided to use the money from the lawsuit to buy the hospital themselves.
Pegasus Horizons, which already owned several hospitals, was interested in buying it. However, the doctors did not like the changes that would have been required.
Meredith owns a small portion of the hospital, which is less than what is often assumed. She owns her shares as well as Derek's since his passing.
The hospital is renamed the Grey Sloan Memorial Hospital.