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Compass Medical Files for Bankruptcy

Submitted by jhartgen@abi.org on

Compass Medical's decision to file for bankruptcy will affect a class-action lawsuit filed on behalf of patients and might delay access to their health records, lawyers say, the Quincy (Mass.) Patriot Ledger reported. Compass filed for chapter 7 bankruptcy on Monday, less than a week after abruptly closing its doors and discontinuing services to about 70,000 patients. The Quincy, Mass.,-based corporation, which also had a branch in Braintree, will have no money available to pay unsecured creditors after administrative expenses are paid, according to the bankruptcy form submitted by Compass President Bruce Weinstein and his attorney, D. Ethan Jeffery. The bankruptcy filing comes on the heels of a class-action lawsuit filed in Plymouth Superior Court on Friday. The class representative in that case, Richard Callanan, of Abington, is represented by lawyer Jonathan Sweet. In October 2022, a Suffolk County Superior Court jury ordered Compass to pay $16 million to its partner, Steward Health Care System, for fraud.