Hollister, Calif.-based Hazel Hawkins Memorial Hospital will decide whether or not it will file a chapter 9 bankruptcy case at the San Benito Health Care District board meeting on May 22, local news outlet KSBW reported May 16, according to Becker's Hospital CFO Report. A November fiscal emergency declaration authorized a chapter 9 filing but the hospital district decided to focus on short-term financial stabilization and creditor negotiations, according to the report. In the last six months, it has recorded more than $11 million in cost savings, loans and prepayments to support the district through summer. In this instance, the hospital district would be able to continue operations without disruption, including caring for patients, operating its facilities, and making payroll, according to the report. The hospital district is continuing cost-saving efforts ahead of a potential strategic partnership with a larger entity.
