Beverly Hospital filed for bankruptcy protection on Wednesday, a step that hospital officials said was needed to avoid the closure of the Montebello facility. Hospital officials said their goal is to find a buyer to keep the hospital open and maintain crucial services for residents in Montebello and nearby communities, including El Monte, Whittier and East Los Angeles. They laid the blame for their financial plight on surging costs that they said had outpaced government reimbursements to care for low-income patients.
Read the full article: Beverly Hospital in Montebello Files for Bankruptcy in Effort to Avoid Closure //
Source: https://www.latimes.com/california/story/2023-04-20/beverly-hospital-in-montebello-files-for-bankruptcy-in-effort-to-avoid-closure