Giant Health System Almost Saved a Community Hospital. Now, It Wants to ‘Extract Every Dollar.’ ...Middle East

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Giant Health System Almost Saved a Community Hospital. Now, It Wants to ‘Extract Every Dollar.’
For most of last year, St. Agnes Medical Center, based in Fresno, California, looked like a white knight poised to rescue smaller Madera Community Hospital from financial ruin. Now, with the nonprofit Madera, California, hospital bankrupt and shuttered, St. Agnes looms as a dark knight, pushing to liquidate the hospital to get a loan it made to Madera paid back — even if that means dashing the hopes of the community activists, political leaders, and health care officials that the hospital can still reopen. A pivotal moment in the case could come July 25, when a bankruptcy judge in Fresno will hear arguments on whether the Madera hospital should be allowed to spend its dwindl

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