An aerial view of Hutcheson Medical Center in Fort Oglethorpe, Ga.A stalking horse bidder has stepped forward to claim Hutcheson Medical Center’s nursing home facilities for just over $7 million, as the troubled North Georgia hospital, which is mired in bankruptcy, speeds toward the auction block.
It’s one of several assets that the hospital is selling to raise cash, in order to offset millions of dollars in debt that have threatened its existence.
Debbie Jones, who signed the offer to purchase Hutcheson’s nursing home, provided a street address that matches a company named New Beginnings, which identifies itself online as a “multipurpose healthcare company focused on providing the best care and services to those in need of long-term care.”
However, Jones identified her company in court documents not as New Beginnings, but as Hutcheson Healthcare & Rehab, LLC, created the same day that the purchase agreement was filed with the court.
New Beginnings has facilities in Arkansas, Georgia, Ohio and Oklahoma.