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Judge will rule on who should buy Christ Hospital

Hudson Reporter, March 12, 2012

At least three potential buyers of Christ Hospital will submit final bid proposals this Thursday to a federal bankruptcy court to determine which entity will become the hospital's new owner. A bankruptcy judge is expected to issue a ruling on March 20 on which bid is the most viable. A final ruling on the best bid will be made on March 23, after the court receives input from the Christ Hospital board of directors and the hospital's creditors. The winning bidder will still have to be approved by various state agencies. But if the court sticks to this schedule, Christ Hospital could soon be on its way to financial health.