The 25-bed hospital, owned by West Palm Beach, Fla-based Rennova Health, failed to make payroll Jan. 10. Employees were paid their normal rates Jan. 24, but the hospital still owes them one missed paycheck, according to the report.
Earlier this month, employees told 10News that the hospital has issued paychecks late several times in recent months. Another hospital owned by Rennova, Jellico (Tenn.) Community Hospital, experienced payroll issues in December. Rennova closed its hospital in Jamestown, Tenn., last year.
More articles on healthcare finance:
Medicare to cover acupuncture for chronic low back pain
North Carolina health system apologizes after billing patients for rape kits
CHS buys more time for turnaround with $1B debt tender offer, Fitch says
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.