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Assets of Illinois Hospital Business

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Listing Information


Assets of Illinois Hospital Business

Price: $1,000,000.00

Other Item Info
Item #: debke_180823
Created: 05/28/2020
Category: Business Property > All Assets or Going Concerns > Health Care Equipment & Services
Sale Location: Wilmington, Delaware
Sale Date: Tue. Jun 16, 2020
Seller Info
Maris Kandestin
Debtor's Attorney
1007 North Orange Street, 4th Floor
Wilmington, DE 19801
Bankruptcy Info
Case #: 1:20-bk-10766
Case Title: Quorum Health Corporation
Court: Delaware Bankruptcy Court
Chapter: 11
View Case Docket

See More Documents


Sale of assets of Quorum Health Corporation (“Quorum”). Quorum owns and operates Galesburg Hospital Corporation, an Illinois corporation (“Galesburg Hospital”), and certain related businesses. The sale of assets include: Quorum’s equity interests in: (a) Knox Clinic Corp., an Illinois corporation (“Knox Clinic”); and (b) Galesburg Hospital (together with Knox Clinic, the “Galesburg Entities”):

  • Galesburg Hospital: Operating as Galesburg Cottage Hospital, Galesburg Hospital is a 173-bed facility located in Galesburg, Illinois, which provides inpatient services, outpatient services, and emergency care. Galesburg Hospital has over 70 medical staff members representing a cross-section of specialties and is the area’s only wound healing center with hyperbaric oxygen chambers;
  • Knox Clinic: Located in Galesburg, Illinois, Knox Clinic is a medical group with 21 healthcare providers specializing in family medicine, orthopedic surgery, internal medicine, general surgery, obstetrics/gynecology, family practice, nurse practitioner, neurology, psychiatry, podiatry and more at eleven different practice locations, including one on the campus of Galesburg Hospital.

Assets of sale is more described in Exhibit C from Page No. 62-64 on the attached PDF.

Sale Location

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824 Market Street, 6th floor
Wilmington, DE, 19801

Additional Details

Sale Hearing in "Courtroom No. 3" @ 9:30 a.m.

Last date to respond: June 9, 2020

Other Information

Terms and Conditions:

See Attached.

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