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Published on 4/15/2024 in the Prospect News Distressed Debt Daily.

Hahnemann University Hospital sees $300,874 February net loss

By Sarah Lizee

Olympia, Wash., April 15 – Center City Healthcare, LLC, which does business as Hahnemann University Hospital, reported a $300,874 net loss for February on zero gross income/sales, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.

To compare, the company reported a $1.01 million net loss for January on zero gross income/sales.

The cash balance at the end of February was $108,955, down from $180,687 at the end of January.

Center City is a Philadelphia-based hospital operator. The company filed bankruptcy on June 30, 2019 under Chapter 11 case number 19-11466.


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