Future of bankrupt Pontiac hospital still debated

The future of Doctors’ Hospital of Michigan in Pontiac remains uncertain after creditors failed to choose between competing bankruptcy reorganization plans Thursday, according to the Detroit Free Press.

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The decision has been narrowed to two competing organizations: Austin, Texas-based Sant Partners, currently financing the hospital in bankruptcy, and Save the Hospital Group.

Sant Partners received support from nearly 60 percent of the dollar value in creditor claims Thursday. An affirmative decision requires a minimum of 66 percent.

The physician-owned hospital filed for chapter 11 bankruptcy in July after a round of lawsuits filed earlier this year. A series of court dates are scheduled next week in hopes of confirming a bankruptcy reorganization plan by Dec. 24.

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