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Bankruptcy judge OKs sale of 3 Florida hospitals for $63M

Brian Bandell
Bankruptcy judge OKs sale of 3 Florida hospitals for $63M

Promise Healthcare Group won U.S. Bankruptcy Court approval to sell its three Florida hospitals, including one in Miami, for $63 million. On Feb. 28, U.S. Bankruptcy Judge Christopher Sontchi in Delaware approved the bid of Pennsylvania-based Select Medical (NYSE: SEM) to acquire Promise Hospital of Miami, Promise Hospital of Fort Myers and Promise Hospital of Florida at the Villages.