MELROSE PARK, Ill. (AP) — The owner of a suburban Chicago hospital whose attempt to close the facility because of a lack of patients was halted by a court order has declared bankruptcy.
Westlake Hospital in Melrose Park filed Tuesday for Chapter 7 bankruptcy liquidation in U.S. Bankruptcy Court in Delaware. Owner Pipeline Health listed Westlake assets of $1 million to $10 million and liabilities of $10 million to $50 million.READ MORE: 11-Year-Old Girl Shot While Sitting In Backseat Of Car At West Pullman Gas Station
Pipeline Health requested a trustee be appointed to oversee the hospital, which has 225 beds. The company says it is losing nearly $3 million a month and no buyer has emerged for the facility that is about 80% empty.READ MORE: Discrepancies On Midlothian Village Zoning Map Could Leave Property Owners In A Bind When Selling Or Rebuilding Homes
CEO Jim Edwards says if the trustee chooses to close Westlake, current patients will be transferred to one of the nearby hospitals.
Melrose Park spokesman Gary Mack says the village remains resolved to keep the hospital open.MORE NEWS: Chicago Weather: Sunny, Warmer Week Ahead
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