B.C. court approves receiver to manage financially troubled Seymour Health

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Seymour Health, which has 70,000 to 100,000 patients, after receiving $6.8 million in bailout money from VCH, is still in financial trouble

She noted in the judgment that Seymour Health was “adamantly opposed” to a receivership and said it has filed a lawsuit seeking millions of dollars in damages from VCH from its earlier dealings with its operations.

She said the appointment of a receiver avoids the possible risks that would result in “serious repercussions to VCH and also to the patients.” In June 2022, Seymour Health owed back rent on the 7th Avenue clinic of $305,000, and by June of this year, that had doubled to $609,000. The landlord on June 15 served a demand for payment, which wasn’t paid, and on June 19 advised VCH if rent wasn’t paid, the clinic would be evicted on June 21.

Fitzpatrick said that Seymour Health “wishes to be left alone to continue to operate as best it can for the time being, without repaying any amounts to VCH. … such a position is untenable in the circumstances.”

 

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