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Hahnemann University Hospital sees $1.01 million January net loss
By Sarah Lizee
Olympia, Wash., March 14 – Center City Healthcare, LLC, which does business as Hahnemann University Hospital, reported a $1.01 million net loss for January on zero gross income/sales, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.
To compare, the company reported a $252,475 net loss for December on zero gross income/sales.
The cash balance at the end of January was $180,687, down from $853,880 at the end of December.
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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