Gulf Pines Latest

By: Mike Tolbert
By: Mike Tolbert

The courts will hold a hearing to determine if Medical Capital Corporation can foreclose on the hospital.

Med-Cap loaned Gulf Pines owner Hubert Steeley about $700,000 last year to keep the hospital afloat, but Steeley is in default and the state shut down the facility in early March, calling it a "danger to public health."

If the judge allows Med-Cap to foreclose on Steeley and seize Gulf Pines, that would clear the way for the hospital to reopen in as little as a couple of weeks.

That hearing is set for 10:30 Tuesday morning at the Gulf County Courthouse.

8195 Front Beach Road Panama City Beach, FL 32407 Station: 850-234-7777 News: 850-230-5221 Fax: 850-233-6647
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