Summit Health Might Shed Assets: Summit Health...

Summit Health Might Shed Assets: Summit Health Ltd., a struggling Burbank-based operator of hospitals and other health-care facilities, said it might sell its long-term care group to reduce its debts. The group, which accounts for 14% of Summit Health’s business, includes 17 long-term care facilities and four retirement centers. Summit Health also posted a $9.8-million loss for its fiscal fourth quarter ended June 30, on revenue of $90.9 million, and for the full year it lost $8.4 million on revenue of $375.8 million.