Rural Hospital Operator HMC/CAH Emerges From Chapter 11 Bankruptcy
Yadkin Ripple report.
HMC/CAH, which owns and operates 12 rural hospitals in several states, originally filed for bankruptcy in October 2011.
Larry Arthur, former CEO of HMC/CAH and current CEO of HMC/CAH offshoot Rural Community Hospitals of America, said the hospital group "has significantly reduced its debt and emerged with a sustainable capital structure," according to the report.
More Articles on Hospitals and Bankruptcy:
© Copyright ASC COMMUNICATIONS 2015. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.
New From Becker's Hospital CFO