Pontiac General Hospital has filed for bankruptcy days after announcing the loss of Medicare funding and announcing over 240 layoffs. According to a court document, the hospital, located on 461 W. Huron St., filed for Chapter 11 bankruptcy on Saturday. The document shows the hospital has between $1 million and $10 million in assets, owes somewhere between $1 million and $10 million and has between 50 and 99 creditors. The hospital last week announced the layoffs of over 240 people after losing Medicare program funding.
