County hospital system defaults on $15.4 million loan

The Arizona Capitol Times
Wednesday, August 12, 2015
Gary Grado

The county’s hospital system for indigent patients has defaulted on a 10-year-old, $15.4 million loan from Maricopa County.

Maricopa County gave Maricopa Integrated Health System the loan in 2005 as seed money for the voter-approved health system, which was established as a separate government body to relieve the county of the financial burden of running Maricopa Medical Center at 26th and Roosevelt streets.