Hahnemann University Hospital sees $9.27 million February net profit

By Sarah Lizee

Olympia, Wash., May 25 – Center City Healthcare, LLC, which does business as Hahnemann University Hospital, reported a $9.27 million net profit for February on $10.35 million of gross income/sales, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, the company reported a $400,507 net loss for January on zero gross income or sales.

The cash balance at the end of February was $3.39 million, up from negative $6.13 million at the end of January.

More recent monthly operating reports were not available.

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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