August 15, 2019
Tenet Healthcare warned Thursday that Philadelphia's Center City Healthcare's Chapter 11 could reach a "critical crossroads" Monday if a scheduled argument goes forward over Tenet's demand for payment of more than $3 million for underfunded billing and patient processing costs as a condition for staying on the job.
August 14, 2019
Tenet Healthcare Corp. wants a Delaware bankruptcy court to prevent Center City Healthcare from using a lawsuit it filed against Tenet last year to justify slashing payments Tenet claims it's owed during Center City's Chapter 11 restructuring, saying the suit's inclusion threatens to turn an upcoming hearing into a "mini trial."
August 09, 2019
A consortium of Philadelphia and Delaware academic health care programs, including Temple and Jefferson Health, said Friday it had won a Delaware Bankruptcy Court auction for a physicians' residency program affiliated with Hahnemann University Hospital, with some close to the deal pegging the offer at $55 million.
August 08, 2019
A rejected bidder for all or most assets of Philadelphia's bankrupt Hahnemann University Hospital objected Thursday to the separate sale of the hospital's doctor residency program, arguing on the eve of a now-postponed sale hearing that Hahnemann "can be saved" by an overall, going-concern transaction.
August 06, 2019
Unsecured creditors told the Delaware bankruptcy court Tuesday that post-petition financing proposed by the bankrupt operator of two Philadelphia hospitals offers too many lender protections and not enough assurance that patient care costs will be covered during its Chapter 11.
August 02, 2019
Unsecured creditors told the Delaware bankruptcy court Friday the bankrupt operator of two Philadelphia hospitals should not be able to hire a financial services firm and interim chief financial officer it wants to retain in its Chapter 11 because their services may not be needed and they may have conflicts of interest.
July 26, 2019
The operator of a Philadelphia children's hospital received court approval Friday for proposed bidding procedures to auction the facility off as a going concern after a Delaware bankruptcy judge asked the order to be amended to include limited consultation rights for the city of Philadelphia.
July 23, 2019
A Pennsylvania nursing and health care professionals' union on Tuesday said the union's collective bargaining agreement should be part of Saint Christopher's Hospital's Delaware Bankruptcy Court Chapter 11 sale and called for full disclosure of potential buyer contract obligations.
July 19, 2019
A plan to sell doctor training programs proposed by Philadelphia hospital operator Center City Healthcare received approval Friday when a Delaware bankruptcy judge said the plan would protect the interests of affected resident doctors as best it could.
July 16, 2019
Center City Healthcare LLC, the bankrupt owner of two medical facilities in Philadelphia, submitted bidding procedures Tuesday in Delaware governing the proposed Chapter 11 sale of St. Christopher's Hospital for Children with a transaction closing deadline in early October.