PHOENIX, ARIZ. (June 28, 2011) – Stephen M. Garcia of Garcia, Artigliere & Schadrack and Robert Boatman and Mark Deatherage of Gallagher & Kennedy brought in a $15 million arbitration award, including damages, costs, and attorney fees, with additional interest on the judgment, running at the rate of 10 percent from May 10, 2010 until the debt is paid off, in a business case against St. Luke’s Medical Center in Phoenix, Mesa General Hospital in Mesa, and both hospitals’ general partner, Iasis Healthcare of Franklin, Tenn. The three member arbitration panel issued a ruling for the plaintiff in Advanced Cardiac Specialists, Chartered, an Arizona professional corporation, Robert M. Siegel, M.D. and Barbara Barker-Siegel, M.D., husband and wife, and Apache Junction Hospital, L.L.C., an Arizona limited liability company vs. Iasis Healthcare Corporation, a Delaware corporation; Iasis Healthcare Holdings, Inc., a Delaware corporation; Iasis Healthcare, L.L.C., a Delaware limited liability company; Mesa General Hospital, L.P., a Delaware limited partnership; and St. Luke’s Medical Center, L.P., a Delaware limited partnership (Case No. CV2008-024082) “The real loser in this situation was the community,” says Garcia. “The community always loses out on badly needed quality healthcare facilities when a large out-of-state corporation attempts [...]
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