Gulf Coast Health Care reports $1.38 million net loss for March

By Sarah Lizee

Olympia, Wash., June 9 – Gulf Coast Health Care, LLC reported a $1.38 million net loss on zero gross income/sales for March, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

The company listed $15.18 million of cash at the end of March.

Pensacola, Fla.-based Gulf Coast Health Care is a nursing home chain. The company filed Chapter 11 bankruptcy on Oct. 14, 2021 under case number 21-11336.

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