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Published on 3/31/2021 in the Prospect News Distressed Debt Daily.

Hahnemann University Hospital sees $122,335 February net loss

By Sarah Lizee

Olympia, Wash., March 31 – Center City Healthcare, LLC, which does business as Hahnemann University Hospital, reported a $122,335 net loss for February on zero net revenue, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, the company reported a $736,583 net loss for January, also on zero net revenue.

The company had $33.66 million of unrestricted cash and cash equivalents as of Feb. 28, down from $35.5 million at the end of January.

Center City is a Philadelphia-based hospital operator. The company filed bankruptcy on June 30, 2019 under Chapter 11 case number 19-11466.


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