Texas health system files for bankruptcy

Rockdale, Texas-based Little River Healthcare, its parent company and several of its affiliated entities entered Chapter 11 bankruptcy July 24.

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Court documents show the health system and its affiliates have assets of $50,000 or less and more than $10 million in liabilities. One of the hospitals included in the bankruptcy filing, Crockett, Texas-based Timberlands Hospital, closed last year.

Lawyers have requested the eight Chapter 11 bankruptcy cases filed by LRH and its affiliates be consolidated for procedural purposes.

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For-profit hospital operators by the numbers: A look at HCA, Tenet, CHS, LifePoint and UHS
California hospital considers scaling back services to reduce costs
Georgia hospital to close July 26

 

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