The creditors have argued the hospital has not pursued alternatives beyond the deal with Revival, suggesting the deal could be at risk if the request is granted. A hearing has been scheduled for Feb. 14, according to the report.
A recent report by a court-appointed examiner revealed the “appearance of conflicts of interest” between Revival and Peninsula, in part because Todd Miller was named CEO of Peninsula while working at Revival, according to the report. However, the examiner also found the board did correctly perform its duties and there was no evidence of fraud or undue influence, according to the report
Related Articles on Peninsula Hospital:
New York State Regulators Probe Peninsula Hospital’s Governance
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New York’s Peninsula Hospital May Be Purchased by Revival Home Health Care
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