Meridian Behavioral Health Files for Bankruptcy
Posted on Mar 24, 2011 1:30pm PDT
Meridian Behavioral Health, a health care operator, has reportedly filed for Chapter 11 bankruptcy protection. According to reports, the file was made after a lender moved to seize its bank accounts. The company reportedly listed debts at somewhere around $20 million. Despite the
bankruptcy filing, the company claims that its facilities are about 90% full and are "operationally and financially sound."
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