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Jackson Hospital & Clinic Inc.: Home
On February 3, 2025, Jackson Hospital & Clinic, Inc. and certain of its affiliates (collectively, the "Debtors") filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Middle District of Alabama. This website provides information about the Debtors' chapter 11 cases.
Loan from Jackson Healthcare Parent Company Enables Alabama …
5 days ago · Under Jackson Hospital & Clinic’s bankruptcy action, it will reorganize operations and implement a financial restructuring through a court-supervised proceeding, while continuing to provide uninterrupted access to health care services and the world-class patient care for which it has been known for nearly 80 years.
Mayor, lawmakers react to bankruptcy filing of Montgomery’s Jackson …
6 days ago · Court documents indicate Jackson listed assets and liabilities of between $100 million and $500 million. In a list of 30 creditors who have unsecured claims, Jackson Hospital owes more than $28 ...
Jackson Hospital gets loan to stay open after declaring bankruptcy
4 days ago · As Jackson Hospital & Clinic has faced the threat of closure, Jackson Investment Group came forward with financing relief in the form of a DIP loan. Under Jackson Hospital & Clinic’s bankruptcy action, it will reorganize operations and implement a financial restructuring through a court-supervised proceeding, while continuing to provide ...
Struggling Alabama hospital files for bankruptcy but says …
6 days ago · Jackson Hospital filed for Chapter 11 bankruptcy on Tuesday, saying the move will help protect their operations and employees. Despite the voluntary filing, the hospital in Montgomery said it will ...
Jackson Hospital files for Chapter 11 bankruptcy proceedings
Jackson Hospital's chief restructuring officer Allen Wilen said in a Tuesday news release that the bankruptcy filing is a move that allows the hospital "breathing room" to explore strategic ...
Jackson Hospital files for Chapter 11 bankruptcy protection
6 days ago · Montgomery’s Jackson Hospital has announced that it has filed voluntary Chapter 11 bankruptcy protection as it tries to restructure its finances. In a statement, it announced that Jackson Hospital & Clinic, Inc. and JHC Pharmacy, LLC, made the filing in the U.S. Bankruptcy Court for the Middle District of Alabama.
Jackson Hospital to receive loan for continuity during bankruptcy
3 days ago · 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 currently undergoing Chapter 11 bankruptcy proceedings and reorganisation, having served the Montgomery community for nearly 80 years.
Alabama hospital files for bankruptcy - Becker's Hospital Review
6 days ago · Montgomery, Ala.-based Jackson Hospital and Clinic has sought Chapter 11 protection to allow the facility to implement financial restructuring and reorganize operations. The 344-bed non-profit ...
Jackson Hospital reveals its next steps after defaulting on debt
Oct 22, 2024 · After defaulting on $60 million in debt to its bondholders last month, Montgomery's Jackson Hospital has now addressed its next steps in restructuring to handle the new financial situation they...
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