TBA Law Blog


Posted by: Amelia Ferrell Knisely on Jan 12, 2016

Baptist Healing Trust filed a lawsuit against Pension Benefits Guaranty Corp. in an attempt to protect Baptist's $123.9 million in assets during the sale of Baptist Hospital to Saint Thomas Health. The federal pension agency received authority in 2013 from the U.S. Bankruptcy Court of the Middle District of Tennessee to pursue the Nashville non-profit’s assets, The Tennessean reports. Baptist Healing Trust has awarded more than $72 million in grants and supports programs that help people enroll in health insurance on the federally run exchange. "We are just so passionate, so heartfelt about what we do, that we’re going to do whatever it takes to protect that work,” said Cathy Self, CEO and president of Baptist Healing Trust.