The closing date has been delayed in the sale of The Villages Health to Humana’s CenterWell.
The closing date on the $68 million sale was supposed to take place on Friday. Now it is being pushed back by a week, to Friday, Nov. 7. All parties seem to be in agreement with the delay, which appears to be due to last-minute logistics.
In July, The Villages Health announced that it was filing for bankruptcy and blamed the bankruptcy on a mysterious $360 million “Medicare coding error.” The Morse family, which had ballyhooed the return to a “Marcus Welby M.D.” level of patient care more than a decade earlier, was suddenly eager to shed their once-extremely-profitable venture into medicine…