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Published on 5/1/2018 in the Prospect News Distressed Debt Daily.

Patriot National sees $4.04 million net loss for month ended March 31

By Caroline Salls

Pittsburgh, May 1 – Patriot National, Inc. reported a $4.04 million net loss for March on $4.77 million in total revenue, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.

The company had $475,306 in cash and cash equivalents as of March 31.

Based in Fort Lauderdale, Fla., Patriot National provides workers’ compensation and managed care services. The company filed bankruptcy on Jan. 30 under Chapter 11 case number 18-10189.


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