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Healthcare Business News
 

Buyout of bankrupt Peninsula Hospital threatened


By Crain's New York Business
Posted: February 3, 2012 - 5:00 pm ET
Tags:

Peninsula Hospital's planned rescue by a for-profit health care company could be derailed by the hospital's creditors. The unsecured creditors of the bankrupt Queens hospital this week asked a judge for permission to have a say in the hospital's restructuring. If the bankruptcy court judge grants that request, Peninsula's financing deal with a Revival Home Health Care entity could well unravel.

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