Center City Healthcare, LLC

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Case Number:

1:19-bk-11466

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Pennsylvania Department of Revenue

Sectors & Industries:

March 03, 2020
Bankrupt Philly Hospital Owner's $6M Insurance Buy Gets OK

A Delaware bankruptcy judge Tuesday gave his nod to Center City Healthcare LLC's plan to purchase medical liability insurance for former professionals at its facilities, despite opposition from creditors asserting the move defies the U.S. Supreme Court's Jevic ruling related to the absolute priority scheme of distributing assets.
February 21, 2020
Bankrupt Philly Hospital Owners Set To Pay $6M For Insurance

Center City Healthcare LLC told the Delaware bankruptcy court Thursday that it plans to pay $6.2 million to purchase medical liability insurance for former medical professionals at its facilities to help bring an end to disputes in its Chapter 11.
January 02, 2020
Philly Hospital Owner Balks At Bid To Force Insurance Buy

The owner of a pair of Philadelphia hospitals told a Delaware bankruptcy judge Thursday that an attempt by former doctors at its facilities to force the company to buy expensive medical liability insurance is improper because the hospitals are not legally required to provide such insurance coverage.
December 06, 2019
Philly Hospital Fights Docs' Bid For Coverage Past Ch. 11 Sale

Philadelphia's bankrupt Center City Healthcare LLC declared dead on arrival Friday an emergency motion by former St. Christopher's Hospital medical professionals for a Delaware court ruling that the hospital's Chapter 11 sale requires an extension of medical liability coverage for doctors cut from the staff.
November 18, 2019
Philly Hospital Operator Floats Tenet Contract Fight Deal

The bankrupt operator of a pair of Philadelphia hospitals filed a settlement proposal late Monday in Delaware court that would end a lengthy dispute among the debtor and two billing and administrative services contractors that has threatened to derail a court-approved sale of one of the debtor's facilities.
October 25, 2019
Philly Hospital Operator Asks For More Time On Ch. 11 Plan

The bankrupt operator of two Philadelphia hospitals asked a Delaware judge Friday to extend the exclusive periods during which it can file and solicit creditor support for a liquidation plan, saying it has made substantial progress in its efforts to shut down one facility and sell another.
October 15, 2019
Tenet Says Philly Hospital Owner Needs To Pay Up In Ch. 11

Tenet Business Services Corp. asked a Delaware bankruptcy judge Tuesday to enforce an earlier order requiring bankrupt Philadelphia hospital owner Center City Healthcare to make post-petition payments for transitional and administrative services provided by Tenet.
October 03, 2019
Bankrupt Philly Hospitals Seek Service Cutoff Halt For Appeal

Philadelphia's Center City Healthcare LLC and two affiliated hospitals sought a stay pending appeal late Wednesday from a Delaware bankruptcy court ruling allowing service cutoffs by two key billing and patient processing contractors on Oct. 18, barring a compromise on millions in underfunded bills.
September 23, 2019
Court OKs $50M Philly Hospital Sale To Tower Health, Drexel

A $50 million offer from a joint venture of Tower Health and Drexel University to buy St. Christopher's Hospital for Children in Philadelphia from bankrupt operator Center City Healthcare LLC received court approval Monday in Delaware bankruptcy court.
September 20, 2019
Tower Health, Drexel To Buy Bankrupt Hospital For $50M

Hospital operator Tower Health and Drexel University announced Friday that they have agreed to buy Philadelphia's St. Christopher's Hospital for Children from bankrupt Center City Healthcare for $50 million.