Jackson Hospital & Clinic in Alabama, US, is set to receive financial support via a debtor in possession (DIP) loan to enable ...
The hospital said that this move allows them "breathing room" to explore next steps, while the hospital continues to operate ...
Financially-troubled Jackson Hospital and Clinic filed for Chapter 11 bankruptcy protection on Monday, federate court filings ...
Bankruptcy is never an easy decision. However, it is the best path forward for the Hospital’s stakeholders as we focus resources on continuing to operate.” Jackson Hospital Chief Restructuring ...
Saving Jackson Hospital from a potential closure is getting support from Lawmakers on both sides of the aisle.
Jackson Hospital filed for Chapter 11 bankruptcy on Tuesday, saying the move will help protect their operations and employees.
ATLANTA & MONTGOMERY, Ala.-- (BUSINESS WIRE)--Feb 6, 2025-- ...
Several hospitals and one health systems has already filed for bankruptcy in 2025. Despite hospital operating margins gradually improving, headwinds persist.
The Montgomery City Council on Friday night stopped short of approving a guarantee of a $20.5 million loan to save ...
Jackson Hospital and Clinic has sought Chapter 11 protection to allow the facility to implement financial restructuring and reorganize operations.
After months of financial struggle, Jackson Hospital has filed for Chapter 11 bankruptcy proceedings. Jackson Hospital's chief restructuring officer Allen Wilen said in a Tuesday news release that ...
Jackson Hospital & Clinic in Alabama, US, is set to receive financial support via a debtor in possession (DIP) loan to enable it to remain operational during its bankruptcy. The hospital is ...