Hospital operator Community Health Systems Inc. said Monday it and Texas Health Resources are in the process of settling a lawsuit against Triad Denton Hospital over a Texas facility.
The settlement deal, which was reached in December, is still pending court approval.
Under the deal, on or before March 31, Triad-Denton Hospital LLC and Triad-Denton Hospital LP. will convey their units in a partnership to Texas Health Resources, which owns Presbyterian Hospital of Denton in Denton, Texas. It will do the same for other related hospital assets to Texas Health Resources or an affiliated entity in return for an agreed consideration.
All claims will be released and the lawsuit will be fully resolved.
The settlement deal, which was reached in December, is still pending court approval.
Under the deal, on or before March 31, Triad-Denton Hospital LLC and Triad-Denton Hospital LP. will convey their units in a partnership to Texas Health Resources, which owns Presbyterian Hospital of Denton in Denton, Texas. It will do the same for other related hospital assets to Texas Health Resources or an affiliated entity in return for an agreed consideration.
All claims will be released and the lawsuit will be fully resolved.
0 comments:
Post a Comment