Borrego Community Health Foundation – Further to DHCS Settlement and Impending Resolution of CMS Objection, Court Approves $50mn Sale to Stalking Horse Desert AIDS Project
March 13, 2023 – The Court hearing the Borrego Community Health Foundation case issued an order approving the sale of substantially all of the Debtor’s asset ($50.0mn purchase price) to stalking horse Desert AIDS Project d/b/a DAP Health [Docket No. 559]. Previously on February 15, 2023, Further to the Court’s December 19th bidding procedures order [Docket…