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Interfaith Medical sees $2.63 million loss from operations for June
By Caroline Salls
Pittsburgh, July 24 - Interfaith Medical Center, Inc. posted a $2.63 million loss from operations for June on total revenues of $14.48 million, according to its monthly operating report filed July 23 with the U.S. Bankruptcy Court for the Eastern District of New York.
Those figures showed a decline from the $840,670 loss from operations reported for May on total revenues of $17.87 million.
Interfaith reported cash and cash equivalents of $11.5 million as of June 30, up from $10.03 million at the end of May.
Interfaith, a Brooklyn, N.Y., multi-site health-care system operator, filed for bankruptcy on Dec. 2, 2012. Its Chapter 11 case number is 12-48226.
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