Henry Mayo Hospital Lays Out Plans After Exiting Chapter 11

Staff Reporter

Just a few short years ago the prognosis for Henry Mayo Newhall Memorial Hospital in Valencia did not look good.

Dwindling reimbursements for services, coupled with state mandates to complete roughly $20 million in seismic upgrades nearly shuttered the 217-bed facility and it was forced to file for Chapter 11 bankruptcy protection in November 2001 to clear a debt load of $10 million...

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