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Ownership of West Suburban, Weiss hospitals would change in potential settlement

First publishedAug 4, 20:37 UTC
Last updatedAug 4, 22:54 UTC · 1m ago
11 outletChicago Sun-Times
Chicago Sun-Times6Ownership of West Suburban, Weiss hospitals would change in potential settlementOpen ↗
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Answer

<p>Lawyers for one of the owners of West Suburban Medical Center and Weiss Memorial Hospital are pushing to sell the hospitals for $1 to Insight Health Systems and demote the other owner and CEO into a temporary consulting position. </p><p>That change in ownership is a part of a potential settlement in the ongoing legal battle for control of the hospitals between the two owners: Resilience Healthcare chief executive officer Manoj Prasad and the hospitals’ landlord, Rathnakar Reddy Patlola.

Reported by 1 outlet — Chicago Sun-Times. See all sources ↓

<p>Lawyers for one of the owners of West Suburban Medical Center and Weiss Memorial Hospital are pushing to sell the hospitals for $1 to Insight Health Systems and demote the other owner and CEO into a temporary consulting position. </p><p>That change in ownership is a part of a potential settlement in the ongoing legal battle for control of the hospitals between the two owners: Resilience Healthcare chief executive officer Manoj Prasad and the hospitals’ landlord, Rathnakar Reddy Patlola. </p><p>Patlola's attorneys filed a motion Friday asking Cook County Circuit Court Judge Patrick Stanton to either enforce the settlement agreement or appoint a receiver to take control of the hospital. The lawyers also accuses Prasad and his legal team of delaying the process and jeopardizing the settlement.

Read the full report at Chicago Sun-Times ↗

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In brief
What's the story?
<p>Lawyers for one of the owners of West Suburban Medical Center and Weiss Memorial Hospital are pushing to sell the hospitals for $1 to Insight Health Systems and demote the other owner and CEO into a temporary consulting position. </p><p>That change in ownership is a part of a potential settlement in the ongoing legal battle for control of the hospitals between the two owners: Resilience Healthcare chief executive officer Manoj Prasad and the hospitals’ landlord, Rathnakar Reddy Patlola.
How widely is it covered?
1 outlet, average source rating 6.0/10.
When was it last updated?
1m ago.
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    Ownership of West Suburban, Weiss hospitals would change in potential settlement

    Sources1
    TypeCoverage
    Chicago Sun-Times
Related in the knowledge graph
organizationCEOorganizationInsight Health SystemsorganizationLawyersorganizationOwnershiporganizationWeissorganizationWeiss Memorial HospitalorganizationWest SuburbanorganizationWest Suburban Medical Center
Sources (1)
Avg source rating 6.0/10
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