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10/17/2008

Houston Business Journal: St. Joseph Sales Effort Slowed by Continued Financial Jitters

Houston partner Bob Wolin was quoted in an October 17 Houston Business Journal article, "St. Joseph Sales Effort Slowed by Continued Financial Jitters."

In the article, Wolin, a member of the firm's Healthcare team, discussed hospital mergers and acquisitions in today's financially challenged markets. The article specifically focuses on Houston's St. Joseph Medical Center, which is up for sale after one of its owner, Hospital Partners of America, filed for bankruptcy and announced it would sell off its hospital assets.

Said Wolin, "Selling a hospital in Houston is a tough proposition, and it's a tough market."