BRUNSWICK — Chief U.S. Bankruptcy Judge Peter Cary on Thursday signed off on the merger of Parkview Adventist Medical Center and Mid Coast Health Services, and the sale of Parkview was scheduled for later on Thursday.
Mid Coast Health Services spokesman Steve Trockman confirmed the court decision and pending sale on Thursday.
Officials from both hospitals will offer further details at a news conference scheduled for Friday morning at Parkview, Trockman said.
Parkview Adventist Medical Center filed for voluntary Chapter 11 bankruptcy protection June 15.
The hospital’s “pre-packaged” bankruptcy plan involves merging with nearby Mid Coast Hospital to form a new Mid Coast-Parkview Health System.
A key component of Parkview’s reorganization is the private sale of much of its property to Mid Coast, which must be approved by the bankruptcy court.
Central Maine Healthcare Corp. of Lewiston, which previously tried to acquire Parkview in 2013, has objected to the sale.
CMHC also contends that Parkview owes it, as well as its affiliate, Central Maine Medical Center, upwards of $13 million in claims.