Eli's Hospice Insider
High Profile Hospice Facility Auctioned Off In Bankruptcy
San Diego Hospice’s inpatient facility has gone to the highest bidder. After 50 bids in bankruptcy court between Scripps Health and Sharp HealthCare, Scripps won with a $16.56 million bid for the eight-acre, hilltop property with an ocean view, reports the San Diego Union-Tribune.
San Diego Hospice declared bankruptcy in February after revealing a Medicare audit focusing on patients’ eligibility for the Medicare hospice benefit. The property includes a 24-bed hospice and several administrative buildings.
The facility was built with an $18.5 million donation from the late Joan Kroc, according to the Union-Tribune. If they won, both Scripps and Sharp pledged to preserve the numerous memorials throughout the buildings and along a perimeter garden walking path.
Sharp serves about 430 hospice patients per day and newcomer Scripps about 200, the newspaper says.
Eli's Hospice Insider
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