Oroville Hospital and its parent corporation, OroHealth, filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code to help facilitate and maximize the value of a transaction and preserve its critical healthcare facilities for the community. The filing will best position the hospital to maintain its strong focus on high-quality patient care and continuity of operations, while maximizing stakeholder interests. The hospital, its skilled nursing facility, its clinics, and its related services will all remain open and continue serving the community during the Chapter 11 process.
Read the full article: Oroville Hospital Enters Chapter 11 Filing to Help Facilitate a Transaction and Secure Its Future //
Source: https://www.businesswire.com/news/home/20251208742516/en/Oroville-Hospital-Enters-Chapter-11-Filing-to-Help-Facilitate-a-Transaction-and-Secure-Its-Future