PCHA owned and operated Pineville Community Hospital, now called Southeastern Medical Center, until entering an agreement with Fort Lauderdale, Fla.-based Americore Health in 2017. PCHA still owns the hospital real estate, but it entered a long-term lease deal and sold non-real estate assets to Americore.
In its bankruptcy petition, PCHA listed its assets as between $10 million and $50 million and listed its liabilities in the same range. PCHA said it has at least 200 creditors.
More articles on healthcare finance:
12 health systems with strong finances
Oklahoma surgical hospital closes without paying employees
Fitch: Healthcare profit margins will face pressure in 2019
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
