Next month a judge will determine whether property inside St. Catherine Medical Center Fountain Springs can be sold or if the business can be sold in its entirety.
According to an article on the RepublicanHerald.com, the trustee would like to offer for pubic sale the personal property, which he says in the in the best interest of the estate and creditors. It would not include selling the land or building.
However, Saint Catherine Healthcare of Pennsylvania LLC, The Boulder Intestment Trust and Windriver Corp. of WY LLC filed an objection to the trustee’s request, and are hoping the property can become a hospital again.
The hospital field for bankruptcy on April 9, requesting that it be allowed to reorganize. The hospital’s license was revoked by the state Department of Health. The closure put about 150 employees out of work.