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Bankruptcy Judge Approves Funding for Hospital Chain but Freezes Plans To Sell Real Estate

Interim Financing Plans Draw Complaints From Creditors
The Mountain Vista Medical Center is one of 31 hospitals being marketed to would-be buyers. A Texas bankruptcy judge Tuesday barred any asset sales until after June 3. (CoStar)
The Mountain Vista Medical Center is one of 31 hospitals being marketed to would-be buyers. A Texas bankruptcy judge Tuesday barred any asset sales until after June 3. (CoStar)

A U.S. bankruptcy judge on Tuesday approved an interim $75 million financing package for Steward Health Care System, allowing the for-profit hospital chain to remain operational while it sorts out its troubled business.

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