A Kansas City-based company that specializes in turning around financially distressed hospitals is proposing to purchase Hillsboro Community Hospital in rural Kansas for $6.9 million, reported KCUR.org.
Hillsboro Community Hospital was placed in Chapter 11 bankruptcy after its previous owner defaulted on its financial obligations. Rural Hospital Group has submitted a bid for Hillsboro through a subsidiary.The 15-bed hospital operations were acquired by a group of Miami businessmen led by Jorge Perez back in 2017, a group that had acquired control of nearly two dozen distressed rural hospitals across the United States.
About a dozen other hospitals operated by Perez and his associates are now in bankruptcy. Those hospitals remain under the group’s control and their bankruptcy cases have all been consolidated in North Carolina, unlike the Hillsboro hospital.
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