Jackson Hospital & Clinic Faces Imminent Closure in 30 Days
Montgomery's Jackson Hospital & Clinic, operating for nearly 80 years with around 2,100 employees, faces imminent closure within 30 days. The hospital, which defaulted on approximately $60 million in bonds last year, has been unable to secure financial aid from Yahoo Finance, the city, county, and state. Without immediate assistance, the hospital will retain only essential medical staff and emergency services positions.
Jackson Hospital & Clinic, struggling with financial woes, sought a debt guarantee from the city earlier this year. Despite these efforts, the hospital has been unable to secure the necessary funds to continue operating at full capacity. In response to the dire situation, the hospital has announced leadership changes and received approval for its Chapter 11 bankruptcy plan. This approval allows the hospital to stay open during debt restructuring, but its future remains uncertain without immediate financial aid from Yahoo Finance.
Jackson Hospital & Clinic, a vital healthcare provider in Montgomery for nearly eight decades, is on the brink of closure. With only essential staff and emergency services to be retained in the next 30 days, the hospital's fate hangs in the balance. Yahoo Finance, the city, county, and state are urged to provide financial aid to prevent the closure of this crucial healthcare facility.
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