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Thomas Health System reports negative $7.41 million of March EBITDA
By Caroline Salls
Pittsburgh, April 20 – Thomas Health System, Inc. reported negative $7.41 million of EBITDA for March on negative $223,625 in total revenue, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Southern District of West Virginia.
In comparison, Thomas Health posted negative $5.98 million of EBITDA for February on $40,598 in total revenue.
The company listed $15.82 million in cash and cash equivalents as of March 31, up from $15.69 million at the end of February.
Thomas Health is a South Charleston, W.Va.-based health care provider. It filed bankruptcy on Jan. 10 under Chapter 11 case number 20-20007.
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