WARREN, Ohio – A second company has filed an emergency request through the U.S. Bankruptcy Court in Houston to retrieve medical equipment from Insight Hospital & Medical Center Trumbull.
Phillips Medical Capital LLC claims specific equipment, listed on at least 80 contract schedules through a lease agreement with Steward Health Care System LLC, remain in the facilities.
These leases were part of the master lease agreement, which Phillips says was transferred to Insight Foundation through the global settlement reached during Steward’s bankruptcy process. The global settlement allowed the nonprofit Insight Foundation to acquire the operations of both the former Trumbull Regional Medical Center in Warren and Hillside Rehabilitation Hospital in Howland on Oct. 30, 2024.
Phillips claims it attempted to work with Insight to remove its equipment at that time. According to court documents, the company questions whether its equipment remains properly secured inside the Warren hospital, which ceased operations March 27.
The motion, filed Monday, requests that Judge Christopher Lopez compel Insight to comply with its obligations as operator of the hospital no later than April 22 and allow Phillips to remove its equipment.
Phillips is the second company to file such a request. Post Road Equipment Finance SPV LLC claimed it had an appointment to meet with an Insight administrator at the hospital, but the meeting was canceled by email only minutes before Post Road’s executive vice president of equipment placement services, serving as a repossession agent for the company, arrived to find the hospital shuttered.
A hearing on Post Road’s motion to remove its equipment will be held April 30.