Listen Live

News

Maine hospital owes $25 million to nearly 1,900 creditors

6 years ago in Local

Maine hospital owes $25 million to nearly 1,900 creditors

Photo: 560 WGAN Newsradio


CALAIS, Maine (AP) A 25-bed hospital in Maine has filed for bankruptcy protection, citing the $25 million it owes to nearly 1,900 creditors.

According to annual tax fillings, Calais Reginal Hospital has lost money every year since 2007.

CEO Rod Boula says bankruptcy protection is necessary to keep the hospital open and conquer financial shortcomings.

Bangor Daily News reports the bankruptcy filing comes 11 days after nursing staff voted to put the option of a strike on the table in contact negotiations, which have been going on for nearly a year.
___
Information from: Bangor Daily News, http://www.bangordailynews.com

Tags:

Story © 2019 Associated Press - Images © 2019 560 WGAN Newsradio

Latest Headlines

3 hours ago in National, Trending

President Trump signs government funding bill, ending shutdown after a record 43-day disruption

President Donald Trump signed a government funding bill Wednesday night, ending a record 43-day shutdown that caused financial stress for federal workers who went without paychecks, stranded scores of travelers at airports and generated long lines at some food banks.

3 hours ago in Sports, Trending

Pirates ace Paul Skenes wins first Cy Young Award and Tigers star Tarik Skubal goes back-to-back

The 23-year-old Paul Skenes capped his blistering rise to stardom by capturing the National League Cy Young Award on Wednesday night. The Pittsburgh Pirates ace was a unanimous choice by the Baseball Writers' Association of America, the honor coming minutes after Skubal won baseball's premier pitching prize in the American League for the second straight year as the anchor of the Detroit Tigers.

15 hours ago in Local

Wood Leaves Senate Race for House Seat in Maine Election Shakeup

Jordan Wood withdrew from the Senate race to seek Maine’s 2nd Congressional District seat.

16 hours ago in Local

Police Looking for Stolen Trailer North of Augusta

Police say the 20-foot trailer was last seen on the evening of November 6th parked along Augusta Road.

16 hours ago in Local

5 Injured in Androscoggin County Crash, Driver Partially Ejected

The roadway was temporarily closed while emergency personnel cleared the scene and investigated the crash.