West Virginia hospital files for bankruptcy, owes CHS $651K

Williamson (W.Va.) Memorial Hospital entered Chapter 11 bankruptcy protection on Oct. 21, about 17 months after being divested by Franklin, Tenn.-based Community Health Systems.

CHS sold the 76-bed hospital to Williamson-based Mingo Health Partners on June 1, 2018. A CHS subsidiary sued Mingo Health Partners in September, alleging the organization had failed to pay more than $600,000 for surgical implants and related supplies as well as IT and billing services provided after the transaction closed.

Williamson Memorial Hospital provided a list of its 20 largest unsecured creditors as part of the bankruptcy case, which showed it owes CHS Professional Services Corp. more than $651,000. The hospital's second largest unsecured creditor is Huntington, W.Va.-based Ohio Valley Physicians, which it owes more than $486,000.

In the Oct. 21 bankruptcy petition, Williamson Memorial Hospital listed its assets as between $1 million and $10 million and listed its liabilities as within the same range.

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