September 07, 2022
A Pennsylvania hospital sold "as is" had been in compliance with all its necessary state and federal licensing at the time the deal between Community Health Systems Inc. and Tower Health closed, so CHS hadn't violated the purchase agreement when Tower had to update fire-safety plans to keep the hospital's licenses, a federal judge ruled.
January 22, 2021
The purchaser of a Pennsylvania hospital bought it "as-is" and can't cite defects that cropped up later and allegedly threatened its certification for Medicare and Medicaid reimbursements as an excuse for "buyer's remorse," the seller told a federal court.