Deal Reached for Weiss and West Suburban Hospitals, but Reopening Timeline Remains Unclear
The deal ends a months-long court fight and leaves both safety-net hospitals closed while Insight seeks licensing, repairs and federal approval.
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9 Articles
Capitol Fa - Your Illinois News Radar » Roundup: Weiss and West Suburban get new operator, but no reopening timelineCapitolFax.com
* Crain’s… Two shuttered Chicago-area hospitals have a new operator — and a potential path toward reopening — after a months-long court fight over the failed hospital system ended in a settlement late Wednesday. Ramco Healthcare Holdings, landlord of Weiss Memorial Hospital in Uptown and West Suburban Medical Center in Oak Park, will buy out Resilience Healthcare [...]
West Suburban, Weiss to be sold to Insight Health Systems after owners spent months fighting in court
<p>West Suburban Medical Center and Weiss Memorial Hospital will be sold to Insight Health Systems, bringing a monthslong bitter legal fight over the hospitals to an end.</p><p>The hospitals’ landlord, Rathnakar Reddy Patlola, made a late-night deal Wednesday to buy Resilience Healthcare CEO Manoj Prasad's stake in the hospitals. Insight will then buy the hospitals from Patlola.</p><p>Representatives for Patlola and Prasad could not immediately …
Owners of West Suburban and Weiss reach agreement over control of the hospitals, after months in court
The owners of West Suburban and Weiss Memorial hospitals reached an agreement in court late Wednesday night, in which one owner is buying out the other and bringing in Insight Health Systems to operate the hospitals.
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