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Scripps to buy hospital and assume patients, employees from failing hospice
Modern Healthcare

Scripps Health has agreed to buy the inpatient hospice facility and assume the remaining patients and employees of a San Diego hospice organization that filed for Chapter 11 bankruptcy protection last week.

According to a Feb. 13 filing in U.S. Bankruptcy Court in San Diego, Scripps Health will pay $10.7 million for San Diego Hospice’s 23-bed facility and will extend a debtor-in-possession loan of up to $5 million to help the hospice maintain operations pending the transition. The plans must be approved by the court.