Becker's Healthcare January 13, 2025
Tenor Health Partners, a hospital turnaround company, has received bankruptcy court approval to purchase Dallas-based Steward Health Care’s Sharon (Pa.) Regional Hospital for $1.9 million after the hospital closed Jan. 5.
U.S. Bankruptcy Court Judge Christopher Lopez approved the sale Jan. 10, according to bankruptcy court documents obtained by Becker’s.
Tenor Health plans to continue hospital operations under its management, including commitments to regulatory approvals and licensure from the Pennsylvania Department of Health. It also plans to continue outpatient and behavioral health services at the hospital, the document said.
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