Hahnemann University Hospital reports $170,346 net loss for September

By Sarah Lizee

Olympia, Wash., Dec. 8 – Center City Healthcare, LLC, which does business as Hahnemann University Hospital, reported a $170,346 net loss for September on zero gross income or sales, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, the company reported an $871,252 net loss for August on $88,250 of gross income or sales.

The company listed a negative $4.47 million cash balance at the end of September, compared to $4.32 million at the end of August.

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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