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New Chapter 11 Filing - Oconee Regional Health Systems Inc.
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New Chapter 11 Filing - Oconee Regional Health Systems Inc.

May 11, 2017
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New Chapter 11 Filing - Oconee Regional Health Systems Inc.
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Oconee Regional Health Systems Inc.

  • 5/11/17 Recap: Georgia-based not-for-profit healthcare system filed for bankruptcy to pursue a sale to Prime Healthcare Foundation Inc., armed with a $5mm DIP credit facility to fund operations during the case. The company notes the following as factors leading up to its bankruptcy: (1) an older Medicare-based populati…

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