Borrego Health Bankruptcy Auction

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Borrego Community Health Foundation

(6 days ago) WebAuction Date and Sale Hearing: Please take notice the hearing to approve the sale (the "Sale Hearing") was held before the court on March 1, 2023 at 10:00 a.m. (Pacific Time) in San Diego, California at the USBC, 325 West F Street, Dept. 3. The revised deadline to submit objections to the sale was February 21, 2023.The hearing on the Auction …

https://www.kccllc.net/BorregoHealth

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Amid bankruptcy and probe, Borrego Health plans to …

(1 days ago) WebNov. 25, 2022 5 AM PT. Barely two months after turning to bankruptcy court to protect itself from creditors owed tens of millions of dollars, the Borrego Community Health Foundation plans to sell

https://www.sandiegouniontribune.com/news/watchdog/story/2022-11-25/borrego-health-liquidate-auction-bankruptcy

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State to accept $20M to resolve $110M in Borrego Health …

(7 days ago) WebThe agreement calls for the taxpayer-funded health care provider to resolve a claim filed by state regulators worth more than $110 million for $20 million. At the same time, Borrego Health

https://www.sandiegouniontribune.com/news/watchdog/story/2023-08-02/to-resolve-110-million-in-borrego-health-debt-state-regulators-agree-to-accept-20-million

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Borrego Health board selects DAP Health as winning …

(3 days ago) WebUpon approval by Bankruptcy Court and Health Resources & Services Administration, DAP Health would assume control of all Borrego Health clinics, which are located in Riverside and San Diego counties.

https://www.desertsun.com/story/news/health/2023/02/15/borrego-health-board-selects-dap-health-as-winning-auction-bidder/69908898007/

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TENTATIVE RULING ISSUED BY JUDGE LAURA S. TAYLOR …

(1 days ago) WebBorrego has thoroughly set out the standard for § 363(b) sale approval in the Sale Motion. The Court is inclined to agree that a § 363(b) sale is appropriate due to a credible business justification to sell under the circumstances, proper notice, a fair and reasonable price after auction, and the good faith in the conduct of Borrego and DAP

https://www.kccllc.net/borregohealth/document/2202384230228000000000009

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Bankruptcy court OKs sale of Borrego Health to DAP …

(Just Now) WebBorrego Health filed for Chapter 11 bankruptcy protection in September. The organization has faced a number of changes and legal troubles in recent years, including having offices raided by the

https://www.desertsun.com/story/news/health/2023/03/01/bankruptcy-court-approves-sale-of-borrego-health-to-dap-health/69960123007/

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Borrego Community Health Foundation Case Information

(2 days ago) WebBorrego Community Health Foundation has filed a chapter 11 bankruptcy case with the United States Bankruptcy Court for the Southern District of California at case #22-02384-LT11. Claims in the Borrego case will be filed with a Claims Agent at the link below. The Claims Agent will also make docket information from the case available without charge at …

https://www.casb.uscourts.gov/borrego-community-health-foundation-case-information

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DAP Health’s Acquisition of Borrego Health System Where the …

(3 days ago) WebDAP Health’s mission — including its commitment to LGBTQ+ health care, HIV care, and the Coachella Valley community — will expand as a result of this acquisition. DAP Health assumes none of Borrego Health’s debts, which were cleared through the bankruptcy process. DAP Health assumes working liabilities such as rents and mortgages on

https://www.daphealth.org/wp-content/uploads/2023/06/Snapshot-Revised.pdf

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Bankruptcy court approves DAP Heath’s bid to acquire …

(Just Now) WebDAP Health will be taking over Borrego Health. On Tuesday, the U.S. Bankruptcy Court approved DAP Health’s bid to acquire substantially all of the assets of Borrego Health. On Feb. 15, the

https://kesq.com/news/2023/03/01/bankruptcy-court-approves-dap-heaths-bid-to-acquire-borrego-health/

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UNDER INVESTIGAT­ION, BORREGO HEALTH PLANS TO AUCTION …

(Just Now) Web2022-11-25 - BY JEFF MCDONALD. Barely two months after turning to bankruptcy court to protect itself from creditors owed tens of millions of dollars, the Borrego Community Health Foundation plans to sell its remaining assets to the highest bidder. The nonprofit health care provider known as Borrego Health has informed a bankruptcy judge that it

https://www.pressreader.com/usa/san-diego-union-tribune/20221125/281741273429272

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Bankrupt clinic chain to auction off millions in assets

(4 days ago) WebBankrupt clinic chain Borrego Health will auction off millions of dollars worth of real estate, medical equipment and other property in January, the San Diego Union-Tribune reported Dec. 24.

https://www.beckershospitalreview.com/hospital-transactions-and-valuation/bankrupt-clinic-chain-to-auction-off-millions-in-assets.html

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DAP Health looks to acquire Borrego Health - KESQ

(6 days ago) WebBorrego Health filed for chapter 11 bankruptcy in September. According to DAP Health, the company solicited potential acquisitors to assimilate its clinics and assets.

https://kesq.com/news/2023/02/07/dap-health-looks-to-acquire-borrego-health/

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Millions in Borrego Health Assets to be Auctioned Off Next Month

(4 days ago) WebBorrego Community Health Foundation, the federally funded nonprofit healthcare provider that declared bankruptcy earlier this year amid an ongoing criminal fraud investigation, has been approved to sell off its assets to the highest bidders, The San Diego Union-Tribune reports. The auction of millions of dollars worth of real estate, …

https://healthcareservicesinvestmentnews.com/2022/12/29/millions-in-borrego-health-assets-to-be-auctioned-off-next-month-bankruptcy-judge-rules/

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From an FBI raid to bankruptcy: A timeline of Borrego Health's …

(1 days ago) WebSept. 12, 2022: The Borrego Community Health Foundation files for Chapter 11 bankruptcy but says it will keep its clinics open. Borrego says the filing will prevent the Medi-Cal payment suspension

https://www.beckershospitalreview.com/finance/from-an-fbi-raid-to-bankruptcy-a-timeline-of-borrego-health-s-troubles.html

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Bankrupt California health clinic's board picks DAP Health as …

(4 days ago) WebThe Borrego Health Board of Trustees selected DAP to acquire the bankrupt Borrego Springs, Calif.-based clinic chain, the Palm Springs Desert Sun reported Feb. 15. DAP Health, a Palm Springs

https://www.beckershospitalreview.com/finance/bankrupt-california-health-clinics-board-picks-dap-health-as-winning-auction-bidder.html

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Borrego Adds a New Tool to the Health Care Debtor’s …

(8 days ago) WebBorrego Community Health Foundation1 exem-plifies the mounting case law that is slowly erod-ing health care regulatory authorities’ ability to claim that their actions fall within the police and regulatory powers exception to the automatic stay. Building on the True Health decision by the U.S. Bankruptcy Court for the District of Delaware that

https://www.hklaw.com/-/media/files/insights/publications/2023/05/borregoaddsanewtooltothehealthcaredebtorstoolbox.pdf

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Bankruptcy filings cast doubt on Optum buyout of Steward’s

(1 days ago) WebN ew documents filed in Steward Health Care’s bankruptcy case cast doubt on whether the troubled hospital system will be able to complete the planned sale of its physicians’ group to Optum

https://www.msn.com/en-us/money/companies/bankruptcy-filings-cast-doubt-on-optum-buyout-of-steward-s-physicians-network/ar-BB1ndiJs

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Justice Department objects to Steward’s timetable for selling its

(1 days ago) WebThat timetable, laid out in a bid procedures motion, calls for potential buyers of Stewardship Health to submit bids by June 24, an auction to be conducted on June 27, and a sales hearing to be

https://www.msn.com/en-us/money/other/justice-department-objects-to-steward-s-timetable-for-selling-its-doctors-network/ar-BB1nhiBh

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Borrego Health creditors, regulators agree to bankruptcy …

(3 days ago) WebNov. 11, 2022 4:30 AM PT. The Borrego Community Health Foundation, which filed for Chapter 11 bankruptcy protection earlier this year amid a criminal investigation into its finances, has agreed to

https://www.sandiegouniontribune.com/news/watchdog/story/2022-11-11/borrego-health-mediation-bankruptcy

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$21M Sale of Alpharetta Medical Office Building Staves Off …

(5 days ago) WebThe sale was stopped by Richmond Honan’s bankruptcy filing that same month. The six-story Royal Ridge Class A office building is located at 11680 Great Oaks Way in Alpharetta near GA 400 and North Pointe Parkway. It was developed with medical tenants in mind by Childress Klein Properties in 2001. The building was renovated in …

https://www.connectcre.com/stories/21m-sale-of-alpharetta-medical-office-building-staves-off-foreclosure/

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Home Tri County Internal Medicine

(Just Now) WebMain: 4720 Nelson Brogdon Blvd, Sugar Hill, GA 30518; Sat: 4465 Nelson Brogdon Blvd, Suite 104, Buford, GA 30518 (770) 945-1990

https://tricountymedicine.com/

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Winnetka-based private equity firm purchases Oberweis Dairy in

(1 days ago) WebOberweis Dairy purchased by Winnetka-based private equity firm in bankruptcy auction Oberweis, which opened its first ice cream shop in Aurora in 1951, filed for Chapter 11 bankruptcy in April 2024

https://www.nbcchicago.com/news/local/oberweis-dairy-purchased-by-winnetka-based-private-equity-firm-in-bankruptcy-auction/3450282/

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Dr. Christopher Borrego - Sugar Hill GA, Internal Medicine

(3 days ago) WebDr. Christopher Borrego - Sugar Hill GA, Internal Medicine at 4720 Nelson Brogdon Blvd. Phone: (770) 945-1990. View info, ratings, reviews, specialties, education history, and more. Electronic health records are important because they may improve a health care professional's ability to make well-informed treatment decisions.

https://www.healthcare6.com/physician/sugar-hill-ga/christopher-borrego-883458.html

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Steward promised to rebuild its hospital in Norwood. The town is …

(8 days ago) WebThe hospital was supposed to be rebuilt, but construction stalled as its operator, Steward Health Care, ran into mounting financial problems and then filed for bankruptcy. It has yet to reopen. A

https://www.wbur.org/news/2024/05/30/steward-health-care-bankruptcy-norwood-hospital-massachusetts

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Medical Properties Trust: Renewed Risks To The Dividend

(1 days ago) WebMedical Properties Trust faces challenges with increased interest rates and tenant troubles. The bankruptcy of its largest tenant, Steward Health, has had a significant impact on the company's

https://seekingalpha.com/article/4697007-medical-properties-trust-stock-mpw-renewed-risks-to-dividend

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Oberweis Dairy bought by Winnetka private equity firm in …

(1 days ago) WebOberweis Dairy purchased by Winnetka-based private equity firm in bankruptcy auction Hoffmann Family of Companies says it plans to keep the dairy company’s North Aurora plant open, as well as

https://chicago.suntimes.com/small-business/2024/05/29/oberweis-dairy-purchased-winnetka-private-equity-hoffmann-bankruptcy-auction

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Bankrupt FQHC Borrego Health to sell clinics to DAP Health - The …

(3 days ago) WebUnder criminal investigation and financial pressure, Borrego Health turns to bankruptcy. Sept. 17, 2022. Borrego Health was founded in the 1980s as a single medical clinic aimed at serving the

https://www.sandiegouniontribune.com/news/watchdog/story/2023-02-16/borrego-health-selects-dap-health-bankruptcy-asset-sale

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Steward pensions face new questions with hospitals in bankruptcy

(1 days ago) WebThe health of the retirement funds for thousands of people is tied to the fate of Steward’s hospitals. Nurse Joan Ballantyne (left) and retired nurse Karen Kravitz are among the pension

https://www.bostonglobe.com/2024/05/26/business/steward-pensions-nurses-retirees/

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DOJ rejects Steward's Optum sale timeline in bankruptcy filing

(Just Now) WebEmail. The Justice Department has rejected bankrupt Dallas-based Steward Health Care's suggested auction timeline for its physician group Stewardship Health to be sold to UnitedHealth Group's

https://www.beckershospitalreview.com/finance/steward-bankruptcy-optum-sale-timeline-objected-by-justice-department.html

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With Lone Bid, Angelica Cancels Bankruptcy Auction - WSJ

(9 days ago) WebAn affiliate of private-equity firm KKR & Co. is preparing to buy Angelica Corp., a laundry service provider for 850 hospitals and other health-care facilities, out of bankruptcy for $125 million

https://www.wsj.com/articles/with-lone-bid-angelica-cancels-bankruptcy-auction-1496243497

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Steward bankruptcy docs cast doubt on deal for physicians network

(7 days ago) WebJim Mone/Associated Press. New documents filed in Steward Health Care’s bankruptcy case cast doubt on whether the troubled hospital system will be able to complete the planned sale of its

https://www.bostonglobe.com/2024/05/28/business/steward-bankruptcy/

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