Intelligence Unit Special Reports Special Events Subscribe Sponsored Departments Follow Us

Twitter Facebook LinkedIn RSS

Los Angeles hospital begins shutting down

Los Angeles Times, August 25, 2008
Officials at Los Angeles-based Century City Doctors Hospital have given up hope of finding a buyer and began shutting down the facility. On August 22, The hospital filed for financial liquidation under Chapter 7 of the U.S. Bankruptcy Code. The 176-bed facility has tried for months to improve its finances but has struggled to pay its growing debt, which the hospital estimated at more $60 million.