HOSPITAL FUNDS' RETURN ORDERED.Byline: Evan Pondel Staff Writer WOODLAND HILLS - A U.S. bankruptcy judge on Friday tentatively ordered Healthcare Resource Specialists Inc. to return $1.2 million in lost funds to Granada Hills Community Hospital. The Tampa, Fla.-based company was responsible for managing the now- defunct 155-bed facility during its Chapter 11 bankruptcy proceedings. Judge Arthur Greenwald rendered the order tentative so as to provide sufficient time for HCRS HCRS - Headway Controller Rear Sensor to trace the funds. ``We want to know one thing and that's where did this money go,'' Greenwald said Monday in a Woodland Hills courtroom. Hospital officials cited several motives for the hospital's closure in a court filing, including limited operating cash after a $1.4 million loss in a botched wire transfer Wire Transfer An electronic transfer of funds across a network administered by hundreds of banks around the world.Notes: Wire transfers allow people in different geographic locations to easily transfer money. Outside of North America, wire transfers are sometimes referred to as a 'telegraphic transfer' or t/t. See also: Bank, Checking Account . Officials said in the filing that they believe that HCRS might have violated the law regarding the transfer of fees. Martin Brill Brill or Bril, Flemish painters, brothers. Mattys Brill (mä`tīs), 1550–83, went to Rome early in his career and executed frescoes for Gregory XIII in the Vatican. Paul Brill, 1554–1626, probably studied in Rome with his brother and succeeded him at the Vatican., the attorney representing HCRS, appeared caught off guard by such allegations Friday. Brill said in the courtroom that he didn't feel comfortable discussing the $1.2 million until he became more familiar with the case. Attorney Howard Weg, representing Granada Hills' trustee, said the money should be in the hands of the hospital's estate to avert the risk of losing those funds. Now under Chapter 7 bankruptcy protection, Granada Hills has about $968,000 in cash and more than $7 million in outstanding bills. About 500 employees have been displaced as a result of the hospital's closure. Eric Stanford, who worked in Granada Hills' respiratory department for 21 years, said employees were suspicious of HCRS when the company began managing the hospital. ``They wanted to postpone our February raise at the time,'' Stanford said. ``And now I have to see my family fall apart with the hospital's closure.'' Evan Pondel, (818) 713-3662 evan.pondel(at)dailynews.com |
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