Chapter 9 Bankruptcy Hits Hardeman County Hospital in Texas

Hardeman County Memorial Hospital, a public hospital in Quanah, Texas, has filed for Chapter 9 bankruptcy, according to a KFDX report.

The 24-bed Hardeman County Memorial, a critical access hospital, has suffered financially for the past decade, according to the report.

According to a Quanah Tribune-Chief report, hospital officials and board members assured the community that everything will be "business as usual" despite the debt reorganization. Hardeman County Memorial has already closed one of its clinics and plans to close another, and in the past six weeks, the hospital has cut expenses by roughly $1.3 million.

More Articles on Hospital Bankruptcy:

Point-Counterpoint: Is the Rush to Hospital Consolidation Rash?
Florence Hospital in Arizona Declares Chapter 11 Bankruptcy
Pauls Valley General Hospital in Oklahoma Files for Chapter 9 Bankruptcy

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