The newspaper reported that Penn Med withdrew its $5.23 million judgment against the medical center and its owner because some of the debt had been satisfied. A specific amount was not provided.
Penn Med initially filed the judgement in April, claiming that Ellwood and its owner, Fort Lauderdale, Fla.-based Americore Health, owed money for a $4.5 million loan in 2017, according to The Times. As a result, Penn Med became the mortgage holder on the medical center.
The medical center has struggled financially and was plagued by payroll troubles earlier this year.
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