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HCR ManorCare reports $1.25 million net profit for June, no revenue
By Caroline Salls
Pittsburgh, July 27 – HCR ManorCare, Inc. reported a $1.25 million net profit for June on zero revenue, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, HCR ManorCare posted a $1.74 million net loss for May, also on zero revenue.
The company had $23.14 million in unrestricted cash and equivalents as of June 30, down slightly from $23.37 million at the end of May.
HCR ManorCare is a Toledo, Ohio-based provider of short-term, post-acute services and long-term care. The company filed for bankruptcy on March 4 under Chapter 11 case number 18-10467.
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