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Platinum Health fires hundreds of workers in two Missouri towns

Noble Health, a three-year-old private equity-backed startup, acquired Audrain and nearby Callaway Community Hospital during the coronavirus pandemic. Facing staggering debt, lawsuits and two federal investigations, it sold the hospitals to a Texas-based Platinum Health Systems. This month, Platinum Health told hospital workers they no longer had jobs.

United statesUnited arab emiratesCallaway countyUniversity of missouriAr riyaSaudi arabiaCallaway community hospitalDiane jacobiLisa coxRyann gordonKym huemann paulPaul huemannKristen clemensRegina hillLou leonattiRyan cole

After Platinum Health took control, workers at 2 hospitals fired

After Platinum Health took control, workers at 2 hospitals fired
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United statesUnited arab emiratesCallaway countyUniversity of missouriAr riyaSaudi arabiaCallaway community hospitalDiane jacobiLisa coxRyann gordonPaul huemannKristen clemensRegina hillLou leonattiRyan coleOwen shuler

Buy and bust: After Platinum Health took control of Noble Sites, all hospital workers were fired

The news, under Noble Health letterhead, arrived at 5:05 p.m. on a Friday, with the subject line: "Urgent Notice." Audrain Community Hospital, Paul Huemann s workplace of 32 years, was letting workers go.

United statesUnited arab emiratesCallaway countyUniversity of missouriAr riyaSaudi arabiaCallaway community hospitalDiane jacobiLisa coxRyann gordonPaul huemannKristen clemensRegina hillLou leonattiRyan coleOwen shuler

Buy and bust: After Platinum Health took control of Noble sites, all hospital workers were fired

Desperate to keep their hospitals open, some rural communities gamble on private equity buyers. Sometimes they lose.

United statesUnited arab emiratesCallaway countyUniversity of missouriAr riyaSaudi arabiaCallaway community hospitalDiane jacobiLisa coxRyann gordonPaul huemannKristen clemensRegina hillMatt kileLou leonattiRyan cole

After Platinum Health took control, all workers at two Missouri hospitals were fired • Missouri Independent

Two Missouri towns are without hospitals after Noble Health left both facilities mired in debt, lawsuits and federal investigations.

United statesUnited arab emiratesCallaway countyUniversity of missouriAr riyaSaudi arabiaCallaway community hospitalDiane jacobiLisa coxRyann gordonPaul huemannKristen clemensRegina hillLou leonattiRyan coleOwen shuler