A bankruptcy court has approved DAP Health’s acquisition of Borrego Springs, Calif.-based Borrego Health.
Palm Springs, Calif.-based DAP Health — which, like Borrego Health, is a federally qualified health center — was selected by the Borrego Health board of trustees in February as the winning bidder to acquire the clinic chain. The bankruptcy court needed to sign off on the deal, which it did March 1, according to Becker’s.
Jeffrey Pomerantz, attorney for the Official Committee of Unsecured Creditors of Borrego Health, said in a statement that the committee is pleased the sale has been approved. Read more.
