Madera Community Hospital

After failed deals with Trinity Health and Adventist Health to reopen Madera Community Hospital, two more companies are eyeing the facility.

Nearly a year ago, Madera Community Hospital shut its doors and filed for bankruptcy.

The bankrupt Madera Community Hospital still owes more than $30 million to creditors, according to the most recent update.

State money has been set aside to help the bankrupt Madera Community Hospital reopen – nearly a year after it shut its doors.

Madera Community Hospital has sat closed since December 2022.

Madera County Supervisors are agreeing to fund $500,000 in hospital operating costs for 30 days, but only if a new partner’s letter of intent is in place.

A bankruptcy judge will soon decide whether Madera Community Hospital needs to liquidate to repay its creditors. Its largest creditor, St. Agnes Medical Center, is the very entity that backed out of a purchasing deal last December.

The hospital says a reopening plan is needed to apply for the funding and a $250,000 cost to produce the plan is holding back those efforts.

It’s undeniable the closure of Madera Community hospital in January left healthcare gaps for thousands of residents. Now a new survey quantifies just how significant the closure has been.

The “Distressed Hospital Loan Program” would make $150 million in state funds available to help struggling hospitals.