Health system giant almost saved Madera hospital. Now, it wants to ‘extract every dollar’
For most of last year, Fresno-based St. Agnes Medical Center looked like a white knight poised to rescue the smaller Madera Community Hospital from financial ruin.
Now, with the nonprofit Madera hospital bankrupt and shuttered, St. Agnes looms as a dark knight, pushing to liquidate the hospital to get a loan that makes Madera paid back — even if that means dashing the hopes of community activists, political leaders, and health care officials that the hospital can still reopen.
A pivotal moment in the case could come July 25, when a bankruptcy judge in Fresno will hear arguments on whether