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Hospital Chain Files for Bankruptcy

Posted on December 31, 2019 by curata

Americore Health and its four affiliated hospitals in Pennsylvania, Tennessee, Missouri and Arkansas entered Chapter 11 bankruptcy on Dec. 30.

The bankruptcy petitions state that three of the hospitals — Ellwood Medical Center in Ellwood City, Pa., St. Alexius Hospital in St. Louis and Izard County Medical Center in Calico Rock, Ark. — each entered bankruptcy with less than $50,000 in assets and less than $50,000 in liabilities. Pineville (Ky.) Medical Center’s assets total between $1 million and $10 million, and its liabilities are within the same range, according to the bankruptcy petition.

Read the source article at Becker’s Hospital Review
Posted in Blog

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