NJ Health System Hits Ch. 11 With Plans To Restructure Debt

By Ben Zigterman · November 4, 2024, 11:15 AM EST

A New Jersey nonprofit that operates three hospitals filed for Chapter 11 in Delaware, saying it faced increased operating costs after COVID-19 and hopes to restructure its debt....

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Bankruptcy Scorecard

Summary

A nonprofit that operates three New Jersey hospitals filed for Chapter 11 in Delaware saying it needed time to stay collection actions, resolving its claims against insurance carriers and give it time to renegotiate contracts and execute an already underway business turnaround effort.

Case Number

24-bk-12534

Judge

Kate Stickles

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

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Documents

Related Sections

Case Information

Case Title

CarePoint Health Systems, Inc.

Case Number

1:24-bk-12534

Court

Delaware

Nature of Suit

Date Filed

November 03, 2024

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