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prima:HIMA warns it could become insolvent

The group seeks approval for emergency funding after reaching an “agreement in principle” with CRIM

September 27, 2023 - 10:18 PM

Archival note
This content was published more than 1 year ago.
HIMA filed for bankruptcy after accumulating debts of more than $470 million. (Nahira Montcourt)

The HIMA San Pablo Group has once again asked the court to approve emergency financing to keep its hospitals operating, otherwise, it could be forced to invoke Chapter 7 (liquidation) of the federal bankruptcy code this week.

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