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The study found that "about half" of bankruptcy filers in the year 2001 cited out-of-pocket medical bills in excess of $10,000 as a major contributor to bankruptcy (the average bankruptcy filer in this study was a 41-year-old woman with a median income of $25,000, slightly below the personal income average for that year).
In addition, those with medical debts may increase in the future due to increasing patient cost-sharing and rising health care costs. [17] Medical debt is consuming Americans, in fact, it is the number one cause of bankruptcy, because more than 60% of Americans deplete their savings due to some unexpected healthcare cost.
The bankruptcy followed his inability to pay a tax bill [144] due to a failure of his trust fund. He subsequently sued the trustees for mismanagement and won a settlement of around £100,000. [143] [145] Lorrie Morgan: American singer Chapter 11 [146] 1992 [146] She owed more than $846,000. [146]
The hospital's patients were cared for at St. Joseph Hospital. The Sisters expanded St. Joseph Hospital with the completion of a seven-story medical tower in 1976. St. Joseph Hospital also was renamed to St. Joseph Medical Center. In 2009, due to its location on East Harry Street, its name was changed to Via Christi Hospital on Harry. [7]
The bank was founded in 1960 and was located in the rear of the Penn Square Mall [2] in Oklahoma City. The bank made its name in high-risk energy loans during the late 1970s and early 1980s Oklahoma and Texas oil boom. Between 1974 and 1982, the bank's assets increased more than 15 times to $525 million and its deposits swelled from $29 million ...
The crafting and fabrics retailer Joann has filed for Chapter 11 bankruptcy protection in Delaware, as it announced it is seeking to reorganize its finances.. The Ohio-based company said in a ...
William R. Bartmann (1948 – November 29, 2016) was the founder and CEO of CFS2, Inc, a consumer financial recovery company based in Tulsa, Oklahoma.From 1986 to 1999, Bartmann served as CEO of Commercial Financial Services Inc., the nation's biggest debt collection company. [1]
Integris Health was created in 1983 in order to serve as the parent corporation and to provide management and administrative support to Integris Baptist Medical Center Inc. [5] However, the network of hospitals that now comprises Integris Health, was born out of a series of Oklahoma healthcare providers merging over the span of three years from 1992 to 1995, with additional hospitals brought ...