Urgent plea to save local hospitals before bankruptcy deadline

In a recent government meeting, officials discussed urgent financial strategies to stabilize local hospitals facing bankruptcy. Key among the discussions was the potential for a lease abatement of six to twelve months, which could free up cash flow for essential maintenance that has been neglected. The urgency of the situation was underscored by a call for immediate capital commitments, with a deadline set for Monday to present a viable plan to the bankruptcy court.

Participants emphasized the critical need for swift action, noting that delays could lead to decreased employee morale and potential staff losses. The meeting highlighted a collaborative approach, with officials urging community members and stakeholders to contribute to the solution. There was mention of available American Rescue Plan (ARP) funds, although they are currently limited to less than $1 million, which is insufficient to meet the hospitals' needs.

Efforts to raise funds are underway, with local organizations, including United Way, actively soliciting donations. A specific initiative led by a community member aims to secure $3 million in commitments from various foundations to support the hospitals. The meeting concluded with a call for continued dialogue and teamwork to navigate the financial challenges ahead, emphasizing that the community's involvement is crucial in saving the hospitals.