Rural hospital owner HMC/CAH Consolidated Inc., the owner and operator of I-70
Community Hospital emerged from Chapter 11 bankruptcy on Jan. 17, 2013. HMC/
CAH’s exit from bankruptcy ended its 15 months of intense reorganization and HMC/
CAH emerged stronger financially with all 12 hospitals intact. HMC/CAHs facilities
are located in rural communities across the United States.
California has certainly had its share of financial woes, and now the city of Stockton, about 80 miles east of San Francisco, is set to become the largest American municipality to declare bankruptcy.