Becker's Healthcare February 24, 2025
Becker’s has reported on three hospital and health system bankruptcies since the beginning of 2025:
Alabama hospital files for bankruptcy
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 hospital has dealt with “significant financial pressures” over the last few years due factors like a challenging payer mix, COVID-19, stagnant reimbursement rates, and increased labor costs.
Ohio hospital files for bankruptcy
The Bellevue Hospital in Toledo, Ohio, has filed for Chapter 11 bankruptcy protection and plans to be acquired by Sandusky, Ohio-based Firelands Health. The restructuring and acquisition will allow the hospital to meet its financial obligations while continuing to provide care to patients...
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