Vatican City, Oct 22, 2021 / 12:00 pm
The Vatican has stepped in to help a nearly bankrupt Catholic hospital in Rome run by the Hospitaller Order of Saint John of God.
The historic Fatebenefratelli Hospital, which sits on Rome’s Tiber Island, has been in dire financial straits since 2013, with hundreds of millions of euros in debt pushing it to the brink of bankruptcy.
In June, the hospital was all but sold to the San Donato Group, one of the largest private hospital groups in Italy, which had signed an agreement with the hospital’s creditors.
Now, in a statement on Oct. 21, the Vatican thanked the leadership of the San Donato Group, while saying that Church authorities had started a “recovery plan” to keep the hospital under management by the Catholic religious order.