Humble Surgical Hospital filed for Chapter 11 bankruptcy on the day of Feb. 23, after a judge ordered the hospital to pay Aetna $51.4 million in an out-of-network billing case in the month of December.
The Hospital certified in its bankruptcy petition that it had liabilities of almost $50 million and assets of at least $10 million. The hospital claimed in its filing that it has between 200 and 999 creditors.
Humble Surgical Hospital’s bankruptcy comes after a judge ordered the hospital to pay Hartford, Conn.-based Aetna $51.4 million, involving approximately $10 million in interest, in a 7-year-old court battle over the hospital’s out-of-network charges.
Aetna sued the Humble Surgical Hospital in the year of 2012, blaming the hospital had charged 10-times market rates for out-of-network procedures. The insurance company contended Humble Surgical Hospital offered discounts to out-of-network sufferers so their fees were similar to in-network patients, but billed Aetna higher rates as an out-of-network provider. The court refused Humble Surgical Hospital’s motion to reconsider the judgment earlier this month.
Regarding the hospital filing for bankruptcy, Edward L. Rotherberg, who is representing Humble Surgical Hospital in its bankruptcy case, said that the hospital was solvent prior to the judgment in the Aetna case. Mr. Rotherberg said he does not hope the hospital being capable to generate enough revenue to satisfy the judgment.
Anjie Coplin, director of communications for Aetna, told, “Aetna plans to actively engage in the bankruptcy proceeding to make sure that our customers get payment.”
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