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Hahnemann University Hospital reports $804,016 net loss for April
By Sarah Lizee
Olympia, Wash., May 27 – Center City Healthcare, LLC, which does business as Hahnemann University Hospital, reported a $804,016 net loss for April on zero net revenue, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, the company reported a $699,291 net loss for March, also on zero net revenue.
The company had $32.26 million of cash and cash equivalents as of March 31, compared to $33.07 million at the end of March.
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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