Williams Pioneer Review - July 6, 2016
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JULY 6, 2016 WEDNESDAY A INSIDE STORY | Fundraiser aims to 'Flush Out Cancer' - Pg. 6 Serving the communities of: Arbuckle • Colusa • Grimes • Maxwell • Meridian • Princeton • Williams colusacountynews.net VOL 9 • ISSUE 26 • SEQ 265 7-Day Weather Forecast WEDNESDAY THURSDAY FRIDAY SATURDAY SUNDAY MONDAY TUESDAY 91° 57° 91° 58° 91° 60° 92° 62° 96° 63° 99° 62° 102° 65° Clear & Warm Clear & Warm Clear & Warm Clear & Warm Hot Hot Hot Modesto healthcare group bid to acquire bankrupt hospital LLOYD GREEN JR. [email protected] With Colusa County residents questioning the fate of their healthcare facility, a glimmer of hope is on the horizon. Owners of Central Valley Specialty Hospi- tal in Modesto, known as American Specialty Healthcare, Inc., filed a motion to approve its sale agreement with the now shuttered and bankrupt Colusa Regional Medical Center (CRMC). The hospital was forced to close April 22, 2016, after facing financial troubles. Court Documents filed, Friday, July 1, 2016, American Specialty Healthcare, Inc., asked the Eastern District Bankruptcy Court to shorten the time to hear its motion to approve the sale agree- ment. The motion is set to be heard on Tuesday, July 5, 2016. If approved, the Bankruptcy Court will hear the motion during the week of July 11 - 15, 2016. The appointed bankruptcy trustee for CRMC agreed to sell property available to CRMC’s estate in the amount of $1-million to American Special- ty Healthcare, Inc. The list of property includes a lease dated July 24, 2004, with the County of Colusa for the CRMC Campus; a commer- cial building at 199 E. Webster Street known as the Colusa Hospital Building; a lease dated May 1, 2007, with the Lilla J. Johnson Trust for the Arbuckle Medical Office; the real property commonly as the Williams Family Health Center; a sublease dated, April 22, 2016, of the Arbuckle Lease premises with Adventist Health Clearlake Hospital; as well as a space and equipment leases for the Williams Family Health Center, and the Colusa Health Clinic. Additionally, the purchas- es are to include CRMC’s Acute Care Hospital License (including skilled nursing, clinic, out- patient procedures, home health, and hospice) issued by the California Department of Public Health. “This is the first offer to come in,” said Colusa Regional Medical Center’s CEO, Wayne Allen, “There could be others, or there could be none.” Allen commented that the bid would be subject to overbidding by other interested buyers during the bankruptcy process. Bankruptcy Court documents provide that the sale is conditional on the County of Colusa’s consent to assigning the CRMC Campus lease, or providing an option for the buyer to purchase the underlying land. Should the buyer purchase the underlying land, the estate will receive an addi- tional $100,000 payable from that escrow. “This offer takes coordination with the county,” Allen said, “the County is a critical player in this measure.” The Williams Family Health Center will be subject to the secured claim of Tri-Counties Bank. The proposed sale would be free and clear of a lien held by the United States Department of Agriculture (USDA) against the CRMC Campus Lease securing in part an approximate $2.75 million claim, as well as a lien held by the Rural Community Assistance Corporation (RCAC) against the Colusa Hospital Building securing an approximate $500,000 claim. The Bankruptcy Trustee anticipates that both the USDA and the RCAC will consent to what will likely be a short sale of their claimed collateral. Bankruptcy documents also state that the pro- posed sale would require the buyer to assume the expense and management responsibility for the debtor’s patient records. “Things are starting to move along,” said Allen, “we are not at a point where we will start to see things happen.” About Central Valley Specialty Hospital Central Valley Specialty Hospital provides these services through a team of Board Certified Physi- cians, critically trained Registered Nurses, Respi- ratory Therapists, Wound Care Nurses, Physical and Occupational Therapists, Speech Therapists, Psychologists, Psychiatrists, Dietitians, Case Managers, and Social Workers who all focused on individualized goals for each patient’s recovery, allowing the patient to regain their independence and reach their optimum level of health. Visit online http://centralvalleyspecialty.org/ A representative from Central Valley Specialty Hospital or American Specialty Healthcare, Inc. were not available for comment at the time of press. ■ Colusa County Celebrates Independence Day with a BANG! LLOYD GREEN JR. | WILLIAMS PIONEER REVIEW The 2016 Colusa County Fair Royalty, Miss Colusa County Ellie Geyer, Mini Miss Colusa County Karsyn Gwinnup, and Mr. Cinder- fella Michael Immos, pressed the plunger igniting the Fireworks Show at the Colusa County Fairgrounds, on Monday, July 4, 2016. (Photo edited using creative license.) LLOYD GREEN JR. [email protected] The return on an old tradi- tion came with great success as hundreds attended the Colusa County Fairgrounds Fireworks Show. Many filled the grand- stands at the Colusa County Fairgrounds for the annual fireworks show, while others tailgated in the parking lot and surrounding area. "I feel like a kid again," said one attendee as she left the grandstands with a smile on her face. The 2016 Colusa County Fireworks Show was moved to the Colusa County Fairgrounds after worries of visibility. “The show on the Sacramento River has been a great event for many years, but as the trees along the bank have grown they have begun to block the view of the fireworks,” said Reische, “Af- ter discussing this with Colusa Fair CEO Jonathan Howard we think we have come up with an even better venue for the show by moving it to the fairgrounds.” The fireworks show is made possible by the numerous contributions made by local businesses and community members. The honor guard for the event was served by the Colusa County VFW Post 2441 and the Maxwell American Legion Post 218. 2016 Mini Miss Colusa Coun- ty Karsyn Gwinnup sang the National Anthem. SUBMIT YOUR EVENT [email protected] or call (530) 458-4141
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Transcript of Williams Pioneer Review - July 6, 2016
July 6, 2016WEDNESDAyA INSIDE STORY | Fundraiser aims to 'Flush Out Cancer' - Pg. 6
Serving the communities of: Arbuckle • Colusa • Grimes • Maxwell • Meridian • Princeton • Williams colusacountynews.netVOL 9 • ISSUE 26 • SEQ 265
7-Day Weather ForecastWEDNESDAY THURSDAY FRIDAY SATURDAY SUNDAY MONDAY TUESDAY
91° 57° 91° 58° 91° 60° 92° 62° 96° 63° 99° 62° 102° 65°Clear & Warm Clear & Warm Clear & Warm Clear & Warm Hot Hot Hot
Modesto healthcare group
bid to acquire bankrupt hospital
LLOYD GREEN [email protected]
With Colusa County residents questioning the fate of their healthcare facility, a glimmer of hope is on the horizon.
Owners of Central Valley Specialty Hospi-tal in Modesto, known as American Specialty Healthcare, Inc., filed a motion to approve its sale agreement with the now shuttered and bankrupt Colusa Regional Medical Center (CRMC).
The hospital was forced to close April 22, 2016, after facing financial troubles.
Court Documents filed, Friday, July 1, 2016, American Specialty Healthcare, Inc., asked the Eastern District Bankruptcy Court to shorten the time to hear its motion to approve the sale agree-ment. The motion is set to be heard on Tuesday, July 5, 2016. If approved, the Bankruptcy Court will hear the motion during the week of July 11 - 15, 2016.
The appointed bankruptcy trustee for CRMC agreed to sell property available to CRMC’s estate in the amount of $1-million to American Special-ty Healthcare, Inc. The list of property includes a lease dated July 24, 2004, with the County of Colusa for the CRMC Campus; a commer-cial building at 199 E. Webster Street known as the Colusa Hospital Building; a lease dated May 1, 2007, with the Lilla J. Johnson Trust for the Arbuckle Medical Office; the real property commonly as the Williams Family Health Center; a sublease dated, April 22, 2016, of the Arbuckle Lease premises with Adventist Health Clearlake Hospital; as well as a space and equipment leases for the Williams Family Health Center, and the Colusa Health Clinic. Additionally, the purchas-es are to include CRMC’s Acute Care Hospital License (including skilled nursing, clinic, out-patient procedures, home health, and hospice) issued by the California Department of Public Health.
“This is the first offer to come in,” said Colusa Regional Medical Center’s CEO, Wayne Allen, “There could be others, or there could be none.”
Allen commented that the bid would be subject to overbidding by other interested buyers during the bankruptcy process.
Bankruptcy Court documents provide that the sale is conditional on the County of Colusa’s consent to assigning the CRMC Campus lease, or providing an option for the buyer to purchase the underlying land. Should the buyer purchase the underlying land, the estate will receive an addi-tional $100,000 payable from that escrow.
“This offer takes coordination with the county,” Allen said, “the County is a critical player in this measure.”
The Williams Family Health Center will be subject to the secured claim of Tri-Counties Bank. The proposed sale would be free and clear of a lien held by the United States Department of Agriculture (USDA) against the CRMC Campus Lease securing in part an approximate $2.75 million claim, as well as a lien held by the Rural Community Assistance Corporation (RCAC) against the Colusa Hospital Building securing an approximate $500,000 claim. The Bankruptcy Trustee anticipates that both the USDA and the RCAC will consent to what will likely be a short sale of their claimed collateral.
Bankruptcy documents also state that the pro-posed sale would require the buyer to assume the expense and management responsibility for the debtor’s patient records.
“Things are starting to move along,” said Allen, “we are not at a point where we will start to see things happen.”
About Central Valley Specialty Hospital Central Valley Specialty Hospital provides these
services through a team of Board Certified Physi-cians, critically trained Registered Nurses, Respi-ratory Therapists, Wound Care Nurses, Physical and Occupational Therapists, Speech Therapists, Psychologists, Psychiatrists, Dietitians, Case Managers, and Social Workers who all focused on individualized goals for each patient’s recovery, allowing the patient to regain their independence and reach their optimum level of health. Visit online http://centralvalleyspecialty.org/
A representative from Central Valley Specialty Hospital or American Specialty Healthcare, Inc. were not available for comment at the time of press. ■
Colusa County CelebratesIndependence Daywith a
BANG!
LLOYD GREEN JR. | WILLIAMS PIONEER REVIEWThe 2016 Colusa County Fair Royalty, Miss Colusa County Ellie Geyer, Mini Miss Colusa County Karsyn Gwinnup, and Mr. Cinder-fella Michael Immos, pressed the plunger igniting the Fireworks Show at the Colusa County Fairgrounds, on Monday, July 4, 2016. (Photo edited using creative license.)
LLOYD GREEN [email protected]
The return on an old tradi-tion came with great success as hundreds attended the Colusa County Fairgrounds Fireworks Show.
Many filled the grand-stands at the Colusa County Fairgrounds for the annual fireworks show, while others tailgated in the parking lot and surrounding area.
"I feel like a kid again," said one attendee as she left the grandstands with a smile on her face.
The 2016 Colusa County Fireworks Show was moved to the Colusa County Fairgrounds after worries of visibility.
“The show on the Sacramento
River has been a great event for many years, but as the trees along the bank have grown they have begun to block the view of the fireworks,” said Reische, “Af-ter discussing this with Colusa Fair CEO Jonathan Howard we think we have come up with an even better venue for the show by moving it to the fairgrounds.”
The fireworks show is made possible by the numerous contributions made by local businesses and community members.
The honor guard for the event was served by the Colusa County VFW Post 2441 and the Maxwell American Legion Post 218.
2016 Mini Miss Colusa Coun-ty Karsyn Gwinnup sang the National Anthem.
SUBMIT YOUR EVENT
[email protected] call (530) 458-4141
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