Becker's Healthcare February 6, 2025
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 in the community.
Bellevue Hospital, a 50-bed facility, faces many of the current pressures common to rural and independent hospitals, including rising operational costs, access to capital, regulatory complexity and funding constraints.
“If approved, our plan to align ourselves with Firelands Health will help ensure long-term sustainability,” Sara Brokaw, RN, MSN, President and CEO, said in a Feb. 5 news release. “This potential partnership would position us to emerge stronger and better equipped to...
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