SPRINGFIELD, Vt. (AP) - The outpatient clinics associated with a struggling Vermont hospital could soon file plans to exit bankruptcy, according to court documents.
Springfield Medical Care Systems filed for Chapter 11 bankruptcy protection in June. The health care organization includes the 25-bed Springfield Hospital and outpatient clinics in Springfield, Chester, Ludlow, Bellows Falls, Londonberry and Charlestown, New Hamsphire.
The clinics expect to file a financial plan by the end of January, while the hospital is aiming to have a plan by April, the Valley News reported on Monday.
The plans will be subject to a judge’s approval once filed, said Tom Huebner, who is monitoring the process for Gov. Phil Scott’s office.
Springfield Hospital lost about $14 million over the past two years.
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