Becker's Healthcare November 18, 2024
Voters in San Benito (Calif.) County have approved Measure X, which authorizes the San Benito Health Care District to negotiate a lease-to-own agreement with Flint, Mich.-based Insight Foundation of America, a nonprofit corporation, for financially troubled Hollister, Calif.-based Hazel Hawkins Hospital.
Insight submitted a letter of intent to purchase the hospital in January 2024. The district sought Chapter 9 bankruptcy protection for the hospital in May 2023 after a fiscal emergency was declared by the board in November 2022.
In March, a bankruptcy court ruled the hospital ineligible for Chapter 9 bankruptcy, a decision that the hospital has since appealed.
“With this vote, we can now proceed with negotiations and...
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