The involuntary Chapter 11 bankruptcy petition for Florence Hospital — filed jointly by three employees — seeks $46,650 in wages. An unsecured creditors trust, the hospital’s founder and CMO Timothy Johns, MD, and a Phoenix-based law firm filed Gilbert Hospital’s involuntary bankruptcy petition, which seeks more than $1.9 million.
This is the second time the hospitals have landed in bankruptcy court. The hospitals filed for voluntary Chapter 11 bankruptcy in 2014, according to court documents.
In court documents filed May 1, creditors claim the hospitals have failed to make lease payments for months and that the facilities are “on the brink of complete shutdown.”
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