Medical Center hospital ’s parent files for Chapter 11; could get a new owner

Hospital Acquisition LLC, parent company of LifeCare Health Partners, which operates LifeCare Hospitals of San Antonio, has filed for Chapter 11 bankruptcy protection.   The Plano-based company, which operates a network of hospitals and home health organizations in more than a half-dozen states, filed the petition in the United States Bankruptcy Court for the District of Delaware — less than seven years after reaching an agreement to acquire what was then Li feCare Holdings Inc. in December 2012.…
Source: bizjournals.com Health Care:Physician Practices headlines - Category: American Health Authors: Source Type: news