California hospital operator AHMC Healthcare Inc. has agreed to purchase two hospital locations from bankrupt Verity Health System of California Inc. for $40 million and assume continued care over Covid-19 patients. Verity filed a motion Sunday at the U.S. Bankruptcy Court for the Central District of California, seeking approval to sell Seton Medical Center and Seton Medical Center-Coastside, both located in the San Francisco-area.
Read the full article: Verity Agrees to $40M Bankruptcy Sale of Two Hospitals //
Source: https://news.bloomberglaw.com/bankruptcy-law/verity-agrees-to-40-million-bankruptcy-sale-of-two-hospitals