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Trinity Regional Hospital reports $3.04 million net loss for March
By Sarah Lizee
Olympia, Wash., April 24 – Sunland Medical Foundation, which does business as Trinity Regional Hospital Sachse, reported a $3.04 million net loss for March on negative $466,603 gross income/sales, according to a monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the Northern District of Texas.
To compare, the company reported a $2.51 million net loss for February on negative $623,178 gross income/sales.
The cash balance at the end of March was $46.6 million, down from $48.32 million at the end of February.
The Sachse, Tex.-based hospital filed bankruptcy on Aug. 29, 2023 under Chapter 11 case number 23-80000.
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