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LRGHealthcare sees $3.23 million operating loss for April period
By Sarah Lizee
Olympia, Wash., June 18 – LRGHealthcare reported a $3.23 million operating loss on $11.86 million of total operating revenue for the April period, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of New Hampshire.
The debtor had $3.98 million of cash and cash equivalents as of April 30.
LRGHealthcare is a Laconia, N.H.-based not-for-profit health care charitable trust operating Lakes Region General Hospital, Franklin Regional Hospital and several other affiliated medical practices and service programs. The company filed Chapter 11 bankruptcy on Oct. 19, 2020 under case number 20-10892.
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