News

Hospital Owes up to $10 Million to Nearly 900 Creditors

Hospital Owes up to $10 Million to Nearly 900 Creditors

Photo: clipart.com


LINCOLN, Maine (AP) A Maine hospital seeking bankruptcy proceedings has listed debts of up to $10 million to nearly 900 different creditors.

In documents filed in U.S. District Court in Bangor on Tuesday, Penobscot Valley Hospital lists 878 creditors. The Bangor Daily News reports hospital attorney Andrew Helman said there were another 154 former patients that could be owed money.

Helman declined to reveal total hospital debts or assets. Two of the top creditors to the hospital _ The Maine Department of Health and Human Services and the U.S. Department of Agriculture _ are owed millions.

Helman says the hospital sought Chapter 11 protection on Tuesday and its first-day motions will be heard in court on Wednesday.

Latest Headlines

6 hours ago in Local

Two Union Agreements at Portsmouth Naval Shipyard Reportedly Terminated

The campaign of Secretary of State Shenna Bellows says the President should reverse course.

7 hours ago in Local

Motorcyclist Dead in I-95 Crash in Kennebec County

Anyone with information related to the crash is asked to contact Maine State Police

15 hours ago in Local

Stabbing incident in downtown Portland leads to hospitalization, arrest

Police have arrested 44-year-old Stephanie Vierkant, who's currently unhoused, on charges of domestic violence aggravated assault.

2 days ago in Local

Otisfield man charged with making bomb threat toward elementary school

A man from Otisfield is accused of making a bomb threat directed at a local elementary school.

2 days ago in Local

Central Maine Power’s rate change request met with criticism from public advocate

Central Maine Power is again requesting a rate change after its previous request was turned down by regulators.