Winona troubles spread: Ex-owner of closed hospital seeks bankruptcy protection, dampening creditors’ hopes
Winona Memorial Hospital’s former owner filed for bankruptcy last month, a move that’s likely to hinder efforts to recover millions of dollars for the defunct Indianapolis hospital’s creditors. Texas-based Leland Medical Centers Inc. filed Oct. 14, three days after its CEO, Charles Simons, filed for personal bankruptcy, according to bankruptcy court records. The privately held company, which was created in 1992, once owned a small chain of Texas hospitals with physicians. But Simons acknowledged in a deposition last spring that…