St. Louis Health Care Provider Files For Bankruptcy

Caduceus, a symbol of medicine and health care | Photo by Nicole Lunger
Photo by Nicole Lunger

ConnectCare, which until this fall provided outpatient specialty services and urgent care services to the poor, has filed for federal bankruptcy protection. Its Chapter 7 voluntary bankruptcy petition, filed in the U.S. Bankruptcy Court for the Eastern District of Missouri, provides an estimated range of assets, from $1 million to $10 million, and liabilities, also $1 million to $10 million.

ConnectCare closed its specialty care services division in October and shut down its urgent care center on Nov. 15. The nonprofit’s creditors include employees, a few doctors offices, health care plans, local utility companies and providers of medical devices and equipment.

ConnectCare’s roots date to the closing of the city-and-county-operated St. Louis Regional Medical Center in the late 1990s. According to its latest IRS tax filing, St. Louis ConnectCare reported total revenue of $24.8 million in fiscal year 2010-11, and total expenses of $19.5 million.

Read more from the St. Louis Post-Dispatch

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