Thursday, February 2, 2012

HPAE on bankruptcy authorization

From Ann Twomey, president of Health Professionals and Allied Employees, re: Christ Hospital Board authorization of bankruptcy.

"While we hope that bankruptcy can be avoided - and could have been if the Board of Christ Hospital had allowed for an open and transparent bidding process - the bankruptcy court can provide a structure for a proper sale or reorganization that protects our community hospital. We hope that the Board of Trustees at Christ Hospital will work quickly to seek out financing and a buyer that meets the standards to preserve hospital services and staffing that have been set out by the community coalition."

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