State and city regulators want Hahnemann to remain open, at least temporarily, but have little leverage to force it to continue operating if the owner, Philadelphia Academic Health System LLC, doesn’t have enough money, medical staff, and supplies to operate safely. Through legal action, they might be able to determine whether the dire financial picture painted by hospital officials is accurate, but that could be too late for patients. Philadelphia Academic Health System was expected to file for bankruptcy protection Friday, according to a notice on the website of the Accreditation Council for Graduate Medical Education, which oversees medical schools’ sponsorship of residency and fellowship programs.
https://www.inquirer.com/business/hahnemann-university-hospital-bankruptcy-filing-expected-friday-20190628.html