HOSPITAL SEEKS BANKRUPTCY PROTECTION.Byline: Andrea Cavanaugh Staff Writer SANTA PAULA Santa Paula (săn`tə pôl`ə), city (1990 pop. 25,062), Ventura co., S Calif., on the Santa Clara River in a fertile valley that yields citrus fruits, avocados, vegetables, flowers, nursery products, and walnuts; laid out 1875, inc. - Seeking protection from its creditors, debt-ridden Santa Paula Memorial Hospital filed for bankruptcy just three days after shutting its doors, Ventura County Supervisor Kathy Long said Tuesday. The hospital filed for bankruptcy reorganization Monday in federal court, but the Chapter 11 proceedings Chapter 11 Proceedings Provisions of the Bankruptcy Reform Act under which the debtor firm is reorganized by a court because the estimated value of the reorganized firm exceeds the expected proceeds from its liquidation. won't interfere with negotiations to form a possible partnership between the hospital and the county, Long said. The Board of Supervisors will hire a bankruptcy attorney to ensure that the county's interests are represented during negotiations, Long said. A meeting between the two sides is set for Jan. 6. The hospital, which shut its doors Friday, is $8 million in debt, interim CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Gene Kaberline said. The closure left 50,000 residents of the rural Santa Clara Valley
The Santa Clara Valley is a valley just south of the San Francisco Bay in Northern California in the United States. without a nearby emergency room for the first time in more than 40 years. Residents must now travel to hospitals in Ventura, about 10 miles west of Santa Paula. American Medical Response American Medical Response, Inc. (AMR) is the largest private ambulance provider in the United States. AMR and EmCare are wholly owned subsidiaries of EMSC L.P., an emergency management company held by the investment firm Onex. AMR is based out of Greenwood Village, Colorado. , which provides paramedic par·a·med·ic n. A person who is trained to give emergency medical treatment or assist medical professionals. paramedic service to the area, recently added two ambulances to supplement the two already assigned there, said Mike Sanders For the former National Basketball Association (NBA) player, see Mike Sanders (basketball). Michael Edwin Neil Sanders[1] (born July 20, 1974 in Atlanta, Georgia) is an American professional wrestler and stand-up comedian, formerly working with WWA, TNA , a paramedic supervisor. Paramedics have been handling more 911 calls from residents who can't or won't make the trip to Ventura, Sanders said. County officials have had to dispatch more helicopters to the Santa Clara Valley for emergency medical service since the hospital was shuttered, Long said. Community Memorial Hospital in Ventura has seen a slight increase in emergency room traffic since Santa Paula Memorial shut its doors, said Rhonda Spiegel, the hospital's assistant executive director. The added patients come at a time when flu outbreaks are increasing the number of patients seen in the emergency room from about 100 per day to 140, she said. ``One day we saw as many as 13 patients from the Santa Paula/Fillmore area,'' she said. ``But for the most part it's been only a handful.'' Andrea Cavanaugh, (805) 583-7604 andrea.cavanaugh(at)dailynews.com |
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