On a warm, sunny spring afternoon, financial stabilization may, at very long last, be knocking on the well-worn front door of the Brotman Medical Center, bankrupt and digging out from under a mound of debt since filing Chapter 11 bankruptcy seven months ago.
Brotman is basking, but not yet celebrating, with the most encouraging news it has heard in perhaps a number of years.
A glamourous suitor, well known, and admired, across Los Angeles, is courting eager-eyed Brotman officials, who have sped up their shopping since little but apparently mighty and extremely unpopular Prime Healthcare, Inc., of Victorville took over from a Maryland company in early April as the hospital’s lender.
The courting party carries a brand name that would be recognized by many Culver City residents. Throughout its history, the organization has specialized in assisted living and long-term care.
Prime, new at the lending game, read Brotman’s indebtedness as a route, if not a shortcut, to its acquisition of the appealingly located Culver City hospital.
But increasingly, as the pivotal month of June arrives for Brotman, highly-placed sources told the newspaper, under a blanket of secrecy, that the suitor is ideally positioned to make perhaps the most expensive move in its lengthy history, while shoving Prime from contention.
A woman with intimate knowledge of Brotman’s new courting partner told the newspaper this afternoon: “I feel very strongly this is going to happen,” that the prominent but officially unidentified organization will gain command of Brotman.
As an unintended consolation prize for fast-moving if its relationship with Brotman ultimately sours, the ambitious Victorville company is expected to announce on Friday the acquisition of three-more hospitals in its swelling portfolio, in Encino, Garden Grove and San Dimas.
