On Feb. 12, Pinnacle Healthcare System filed for Chapter 11 bankruptcy protection for itself and its hospitals in Missouri and Kansas. The Pinnacle Regional Hospital in Overland Park, formerly known as Blue Valley Hospital, entered bankruptcy with assets totaling up to $50 million and liabilities within the same range, according to bankruptcy court documents. After it was discovered the hospital did not “primarily engage” in providing inpatient care, a requirement for Medicare participation, the hospital lost its Medicare contract in 2018. Pinnacle Regional Hospital in Booneville, Mo., also entered bankruptcy Feb. 12, after the hospital abruptly shut down in January. The hospital closed a month after the Missouri Department of Health and Senior Services inspector cited the facility for sterile processing procedures. According to a report from KCUR, the health department ordered the hospital to stop performing surgery until the sterile processing unit was upgraded. Hospital officials ultimately decided to close the facility instead of making the repairs.
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