AG implies hope that Sharon Regional deal not dead

Property owner wants claims wiped clean before Tenor Health takes over Sharon Regional

SHARON, Pa., (WKBN) -- In order to make Tenor Health Foundation the new operator of Sharon Regional, real estate owner MPT wants claims against it wiped out by the Christian H. Buhl Legacy Trust. "This is one last effort to bamboozle the local community," said Charles Kelly, attorney for the Christian H. Buhl Legacy Trust. Kelly represents the Christian H. Buhl Legacy Trust, which goes back to when Sharon Regional originally opened as a nonprofi…

Buhl’s part in Tenor deal for Sharon Regional nixed

However, Kelly said by way of the Pennsylvania Attorney General, the trust was notified that in order for the deal with Tenor to go through, MPT wants claims against it from the trust to be wiped away, meaning it doesn't have to make $25 million in capital improvements.

MPT threatens to scuttle deal to reopen Sharon Regional unless lawsuits halted

SHARON – Medical Properties Trust is threatening to scuttle the deal to reopen Sharon Regional Medical Center under a new owner unless Christian H. Buhl Legacy Trust agrees to relinquish any future claims on former hospital real estate.

Buhl Legacy Trust Considers MPT Demand over Sharon Hospital

SHARON, Pa. – The Buhl Legacy Trust was meeting Wednesday morning to “carefully consider” the deal between Steward Health Care System, Medical Properties Trust and Tenor Health Partners on Sharon Regional Medical Center. In a statement, MPT said the deal that was approved with Tenor Health in U.S. Bankruptcy Court includes $10 million in financial […] The post Buhl Legacy Trust Considers MPT Demand over Sharon Hospital appeared first on Business…