Source: https://finance.yahoo.com/news/sale-...124255190.html
For Sale: Bankrupt Hospitals in America’s Heartland
[Bloomberg]
Jeremy Hill
BloombergApril 30, 2020
Bloomberg) -- Bankrupt hospital group Americore Holdings LLC was in a precarious spot before the coronavirus ripped through America’s heartland. Now, thanks in part to federal aid, it’s looking for buyers.
The group is seeking bids on St. Alexius Hospital in St. Louis, Ellwood City Medical Center near Pittsburgh and Izard County Medical Center in Arkansas, according to bankruptcy court papers. With the U.S. economy at a virtual standstill since the pandemic spread, it’s a tough time to sell anything, let alone a hospital. But the Americore facilities are drawing some interest -- six potential buyers had signed non-disclosure agreements as of April 21, the papers show...
For Sale: Bankrupt Hospitals in America’s Heartland
[Bloomberg]
Jeremy Hill
BloombergApril 30, 2020
Bloomberg) -- Bankrupt hospital group Americore Holdings LLC was in a precarious spot before the coronavirus ripped through America’s heartland. Now, thanks in part to federal aid, it’s looking for buyers.
The group is seeking bids on St. Alexius Hospital in St. Louis, Ellwood City Medical Center near Pittsburgh and Izard County Medical Center in Arkansas, according to bankruptcy court papers. With the U.S. economy at a virtual standstill since the pandemic spread, it’s a tough time to sell anything, let alone a hospital. But the Americore facilities are drawing some interest -- six potential buyers had signed non-disclosure agreements as of April 21, the papers show...
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