CHARLESTON, W.Va. (AP) — Thomas Health will emerge from bankruptcy and enable workers to keep their jobs with the West Virginia hospital system under a restructuring plan approved by a federal judge.
A U.S. bankruptcy judge in Charleston approved the plan Friday. Thomas Health filed for Chapter 11 bankruptcy protection in January.
Thomas Health said in a news release it anticipates that financing for the restructuring plan will be completed by mid-September.
Thomas Health operates Thomas Memorial Hospital, Saint Francis Hospital and Thomas Health Physician Partners, all in the Charleston area. The hospital system has about 1,650 employees.
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