Bankruptcy Reorganization Chapter 11

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Bankruptcy Reorganization Chapter 11

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March 02, 2012

Bankruptcy Alert: Community Memorial Hospital Files For Chapter 11

  • Debtor Name:  Community Memorial Hospital
  • Year Filed:  2012
  • Jurisdiction:  United States Bankruptcy Court / Eastern District of Michigan
  • Asset Size:  10,000,000 to 100,000,000
  • Case Number:  12-20666
  • Industry:  Health, Hospital (nonprofit)

Former Name:  Cheboygan Memorial Hospital

The Debtor is represented by McDonald Hopkins LLC as counsel and Conway MacKenzie, Inc. as financial restructuring advisor.

The Debtor cites local economic conditions, increasing patient deductibles, aggressive market competition for physicians and loss of market share for the filing.

Need to monitor the Court for new health-related Chapter 11 filings?  Let us help.  Contact Ken at ktroubh@nationwideresearch.com for more detail.

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Tags: Community Memorial Hospital

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Posted on March 2, 2012 in Health | Permalink

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