Brotman Medical Center in Culver City, Calif., has filed for bankruptcy court protection but is expected to maintain critical services.
The 250-bed facility serving West Los Angeles is finalizing new debtor-in-possession financing of $19.6 million in connection with the Chapter 11 filing. That financing is designed to allow the hospital to fund its working capital needs during the bankruptcy.
The hospital expects no changes in its emergency department but might trim other services, and it has hired Michael Lane of Navigant Consulting as interim chief executive officer. Lane has worked as a consultant to Brotman for the past year.
Tenet Healthcare Corp. sold Brotman to local investors in 2005 for $27 million. -- by Rebecca Vesely
What do you think? Post a comment on this article and share your opinion with other readers. Submit your letter to Modern Healthcare Online at [email protected]. Please be sure to include your hometown and state, along with your organization and title.