Mercy Hospital and Medical Center filed for Chapter 11 bankruptcy protection Wednesday as the Chicago-area community continues to fight to keep the safety-net hospital open. Mercy Hospital has been largely operating in the red for years. Mercy’s parent company, Trinity Health, has tried to find suitable merger partners for the hospital and either downsize or completely wind down its inpatient operations. But Bronzeville residents have fought to keep the 400-bed hospital that predominately serves Medicaid beneficiaries fully operational.
Read the full article: Trinity Health’s Mercy Hospital Files for Chapter 11 Bankruptcy Protection //
Source: https://www.modernhealthcare.com/finance/trinity-healths-mercy-hospital-files-chapter-11-bankruptcy-protection