7 Hospitals Filing for Bankruptcy in 2016

1. Coshocton (Ohio) County Memorial Hospital filed for Chapter 11 bankruptcy in June.
2. Colusa (Calif.) Regional Medical Center, which closed in April, filed for Chapter 7 bankruptcy in June.
3. Gardens Regional Hospital and Medical Center, a 137-bed hospital in Los Angeles, filed for Chapter 11 bankruptcy in June.
4. In early June, Mandeville, La.-based Progressive Acute Care filed for Chapter 11 bankruptcy for three of its Louisiana hospitals.
5. Twenty lawsuits over surgeries performed by an orthopedic surgeon pushed Powell (Wyo.) Valley Healthcare, a single hospital system, to file for Chapter 11 bankruptcy in May.
6. Magee, Miss.-based Pioneer Health Services, which owns hospitals in Georgia, North Carolina, Mississippi, Tennessee and Virginia, filed for Chapter 11 bankruptcy in April.
7. In January, Forest Park Medical Center's hospitals in Fort Worth, Austin and Southlake, Texas, filed for Chapter 11 bankruptcy.

Source: Becker's Hospital Review
Source URL: http://www.beckershospitalreview.com/finance/7-hospital-bank...

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