A five year renewable agreement will help stabilize an over 100 year old area hospital.

Genesis Healthcare and Coshocton County Memorial announced the deal. Under the terms of the agreement Coshocton Memorial will remain independent. The move helps them gain access to $5(m) of credit. In the past the hospital has implemented cost cutting measures, but reached a critical point when they started to use more and more of their rainy day fund.

"There's a point when you can only...