Peninsula Hospital still must have loan terms and creditor compensation approved in bankruptcy court before it can receive money, according to the report.
In October, Peninsula Hospital laid off more than 50 employees. Peninsula Hospital has been battling debt problems, Chapter 11 bankruptcy and near-closure this year, but Brooklyn-based Revival Home Health Care announced in September it would operate the hospital. The transaction is still pending as the hospital continues its deliberations in bankruptcy court.
Related Articles on Peninsula Hospital:
New York State Regulators Probe Peninsula Hospital’s Governance
New York’s Peninsula Hospital Names New CFO
New York’s Peninsula Hospital May Be Purchased by Revival Home Health Care
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
