Hospital Development Company Buys California’s Kingsburg District Hospital, Plans to Reopen

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Kingsburg (Calif.) District Hospital has agreed to allow Hospital Developers of Newport Beach buy its closed facility for roughly $1.5 million, according to a Fresno Bee report.

Hospital Developers would like to reopen the hospital and offer outpatient surgery as well as a pharmacy and laboratory. Company president Timothy McGinley said medical services would ideally be offered “at some point in 2012,” according to the report.

Kingsburg will use some money from the sale to pay a portion of the hospital’s debt, which is estimated to be about $3 million. The hospital was closed in 2010, and the only services that remain are a medical clinic run by Tulare (Calif.) Regional Medical Center.

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