NEW YORK CITY-Montefiore Medical Center's bid for the bankrupt Westchester Square Medical Center in the Bronx was approved late last week by the U.S. Bankruptcy Court.

Montefiore's final bid of $15.3 million was approved by the Bankruptcy Court for the Southern District of New York, according to Crain's New York Business. Westchester Square Medical Center, a 144-bed neighborhood hospital that was founded in 1929, has been in bankruptcy for nearly seven years.

The hospital will be shut down in March and renamed Montefiore Westchester Square. Montefiore's plan is to have a full-service emergency department, an ambulatory surgery center and, over time, comprehensive primary and specialty care services at the facility.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.