Management company to run Hillsboro hospital after bank moved to foreclose

By

State News

January 21, 2019 - 10:04 AM

A Marion County judge on Friday appointed a receiver to run Hillsboro Community Hospital after its lender moved to foreclose on the 15-bed facility earlier this month.

The judge found that “immediate and irreparable harm is likely to result if a receiver is not appointed to operate and manage the hospital in order to ensure that it remains open and retains as much of its value as possible.”

The judge named Cohesive Healthcare Management + Consulting LLC of Shawnee, Oklahoma, to operate the hospital while the foreclosure action proceeds. The company specializes in providing administrative services to critical access hospitals, according to its website.

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