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Hahnemann University Hospital sees $736,583 January net loss
By Sarah Lizee
Olympia, Wash., Feb. 25 – Center City Healthcare, LLC, which does business as Hahnemann University Hospital, reported a $736,583 net loss for January on zero net revenue, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, the company reported a $2.36 million net loss for December, also on zero net revenue.
The company had $35.5 million of unrestricted cash and cash equivalents as of Jan. 31, down from $36.2 million 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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