Saint Catherine Medical Center Fountain Springs is in immediate danger of closure, and President and CEO Merlyn Knapp said in a statement that, “We are evaluating all future options for Saint Catherine Medical Center, including a potential sale and reopening of the hospital.”
The U.S. Department of Justice appointed William Schwab, JD, as the Chapter 11 trustee of the hospital, meaning he will take charge of the facilities. He said the future of the hospital will be determined after an investigation is conducted, adding that he is “hoping to turn it around,” according to the report.
More Articles on Hospital Bankruptcy:
Bankruptcy Judge Accepts Hudson Holdco’s $43M Bid for Christ Hospital
Cheboygan Memorial Hospital in Michigan Files for Chapter 11 Bankruptcy
Christ Hospital in New Jersey Files for Chapter 11 Bankruptcy
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