A debt purchaser specializing in medical debt has charged a Miami hospital with breach of contract, breach of implied duty of good faith and fair dealing, and not fulfilling accounting obligations over a $1.9 billion portfolio it bought from the hospital.
West Conshocken, Pa.-based International Portfolio, Inc. (IPI) on Oct. 2 sued Jackson Memorial Hospital and its owner, the Public Health Trust of Miami-Dade County, in Miami federal court over the $1.87 billion portfolio it purchased last December for $5.7 million.
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