Hahnemann University Hospital sees $1.45 million May net loss

By Sarah Lizee

Olympia, Wash., July 20 – Center City Healthcare, LLC, which does business as Hahnemann University Hospital, reported a $1.45 million net loss for May on zero gross income/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 a $150,201 net loss for April on $488,250 of gross income/sales.

The cash balance at the end of May was $2.18 million, down from $3.32 million at the end of April.

More recent monthly operating reports were not available.

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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