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Audrain Community Hospital in Mexico, Missouri, is one of two Missouri hospitals acquired by Noble Health, a three-year-old private equity-backed startup. Debt-laden Noble Health sold the hospitals in April to Platinum Neighbors, affiliated with Texas-based Platinum Team Management and Platinum Health Systems. This month, Platinum Health told hundreds of Missouri hospital workers they no longer have jobs.
Matt Kile
/
KHN
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.
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