St. Catherine’s Forced into Bankruptcy
St. Catherine Medical Center, Fountain Springs, PA
A bankruptcy judge has ordered Saint Catherine’s Medical Center in Schuylkill County into Chapter 7 bankruptcy.
It means the hospital near Ashland will likely shut down for good.
The owners of Saint Catherine filed for bankruptcy protection April 9 which left the possibility that the hospital could reopen, but a bankruptcy trustee Wednesday claimed the hospital’s $6 million debt made that impossible.
The move means the hospital’s assets will be sold at a public auction.