Creditors Seek Involuntary Bankruptcy for Owner of St. Louis Hospital

Four creditors filed an involuntary bankruptcy petition against the owner of the shuttered South City Hospital in south St. Louis.

The Chapter 11 petition, seeking to put SA Hospital Acquisition Group in bankruptcy, says that the four have claims totaling $3.8 million.

They are Matthew Haddad of Los Angeles, $2.6 million; Goldberg Healthcare Partners of Beverly Hills, $535,000; Frank Saidara of Los Angeles, $110,000; and Yoel Pesso of Los Angeles, $500,000, the St. Louis Business Journal reports.

South City Hospital, formerly known as St. Alexius, closed last month after battling financial troubles for years. The 154-year-old hospital faced bankruptcy twice and several lawsuits plagued its persistence to stay open. Read more.

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