Hahnemann University Hospital marks $7.84 million December net profit

By Caroline Salls

Pittsburgh, April 17 – Center City Healthcare, LLC, which does business as Hahnemann University Hospital, reported a $7.84 million net profit for December on $10.14 million in net patient revenue, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, Hahnemann saw a $2.71 million net loss for November on $20.67 million in net patient revenue.

Hahnemann listed $19.32 million in cash and cash equivalents as of Dec. 31, up from $3.06 million at the end of November.

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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