Hospital Firm's Finances in Doubt ; Officials Miss Debt Payment
The Washington Times › November 10, 2004
Linked as:
Summary
A health care company that runs two D.C. hospitals is facing questions about its finances after missing a court-ordered, $15.4 million debt payment six months after emerging from bankruptcy protection.
Doctors Community Healthcare Corp., which runs Hadley Memorial Hospital and Greater Southeast Community Hospital in the District, last month failed to make the first of three scheduled "bullet payments" under a bankruptcy reorganization plan approved in April, according to U.S. Bankruptcy Court records.See the full content of this document
Extract
Hospital Firm's Finances in Doubt ; Officials Miss Debt Payment
The company is owned by Paul R. Tuft, a major contributor to Mayor Anthony A. Williams' 2002 re-election campaign.
Bankruptcy law experts say the missed payment raises qu...See the full content of this document
Sponsored links
