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AHERF files for Chapter 11. Action may precede sale of nine hospitals to Vanguard.

作者信息

Hensley S

出版信息

Mod Healthc. 1998 Jul 27;28(30):2-3, 6.

Abstract

Allegheny Health, Education and Research Foundation, one of the nation's brashest not-for-profit health systems, last week filed for Chapter 11 bankruptcy protection. The last-ditch move will allow Pittsburgh-based AHERF, which is $1.3 billion in debt, to restructure money-losing operations and pave the way for the sale of its nine Philadelphia-area hospitals. But the repercussions of the filing will be felt well beyond the state of Pennsylvania.

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