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Medical Practice Having Problems.


The giant medical practice once owned by MedPartners Inc., whose financial crisis last year disrupted dis·rupt  
tr.v. dis·rupt·ed, dis·rupt·ing, dis·rupts
1. To throw into confusion or disorder: Protesters disrupted the candidate's speech.

2.
 care for about 1 million patients in California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). , is once again near bankruptcy bankruptcy, in law, settlement of the liabilities of a person or organization wholly or partially unable to meet financial obligations. The purposes are to distribute, through a court-appointed receiver, the bankrupt's assets equitably among creditors and, in most .

Nine months after a Riverside County doctor bought most of the assets of MedPartners, the operation is losing $2 million a month, raising the possibility again that care could be disrupted across the state.

The physician, Dr. Kali Chauduri, says his company can stay afloat just two to four more months without an increase in the monthly fees paid by health plans. Chauduri's company, KPC "Keeping parents clueless." See digispeak.  Global Care, has delayed payments to some doctors and medical suppliers.
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Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1USA
Date:Jun 19, 2000
Words:104
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