Michigan physician-owned hospital's bankruptcy stretches into 2016

Doctors' Hospital in Pontiac, Mich., filed for bankruptcy in July, and the saga involving the hospital's bankruptcy case did not end in 2015, according to the Oakland Press.

The physician-owned hospital filed for chapter 11 bankruptcy protection after struggling financially for years. Doctors' Hospital listed debts between $10 million and $50 million in its bankruptcy petition.

Two parties are vying for control of the facility: Sant Partners, which provided debtor-in-possession financing to the hospital in 2015; and Save The Hospital, which includes two physicians.

Sant Partners' reorganization plan has received the most support, with creditors with claims totaling $7 million supporting the plan.

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