Washington, D.C., Takes Control of District Hospital After Owner Defaults on Loans

Officials in Washington, D.C., have taken over United Medical Center in Southeast Washington, after the hospital’s New Hampshire-based for-profit owner defaulted on loan agreements with the city, according to a report in The Washington Post.

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The hospital, formerly called Greater Southeast Community Hospital, will likely be run by the city until a new owner comes forward, according to the report.

The 184-bed hospital had been close to closing in 2007 when the district invested nearly $80 million for modernizations and then partnered with Specialty Hospitals of America to manage it.

After Specialty failed to meet its loan payment obligations to the city, the district opted to take it over and bring in consultants, according to the report.

Read The Washington Post‘s report on United Medical Center.

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