The city council of Montgomery, Ala., unanimously voted Oct. 7 to approve a non-binding resolution of intent to aid the city’s struggling Jackson Hospital. “No funding was approved,” a spokesperson for the city council said in an Oct. 9 statement…
Chapter 11
U.S. Bankruptcy Court Judge Christopher Lopez approved Dallas-based Steward Health Care’s Joint Chapter 11 Plan of Liquidation on July 25, allowing the financially troubled system to distribute proceeds to creditors and wind down operations. Steward sought Chapter 11 bankruptcy protection…
Bradenton, Fla.-based MCR Health, a nonprofit medical group, has exited Chapter 11 bankruptcy after it sought protection in mid-November. “Over the past several months, MCR Health has faced financial challenges head-on, and through the collective resilience and dedication of its…
The Bellevue Hospital in Toledo, Ohio, is a step closer to becoming part of Sandusky, Ohio-based Firelands Health after a bankruptcy court approved the 50-bed hospital’s Chapter 11 reorganization plan, the Sandusky Register reported April 18. Bellevue filed for Chapter…