Center City Healthcare is now in post-confirmation liquidation mode, with the Delaware bankruptcy court having confirmed the Debtors’ and Committee’s joint liquidation plan and the docket focused on claims cleanup and professional-fee administration rather than operating restructuring. The case began on June 30, 2019, when Center City Healthcare and affiliates filed chapter 11 after the Hahnemann and St. Christopher’s hospital platform deteriorated following the 2018 Tenet acquisition, including alleged post-closing working-capital problems, heavy operating losses, and approximately $58.6 million outstanding under MidCap prepetition facilities described in the First Day DeclarationDkt. 2.
The early restructuring path split around the debtors’ two core hospital assets: Hahnemann University Hospital was treated as non-viable and moved toward an orderly closure, while St. Christopher’s was positioned for preservation through sale or reorganization efforts. The First Day DeclarationDkt. 2 also describes DIP financing intended to fund the chapter 11 process, including the Hahnemann wind-down and continued efforts around St. Christopher’s, after prepetition marketing failed to produce a going-concern buyer for Hahnemann.
After years of estate administration, the court confirmed the Joint Second Amended Chapter 11 Plan of Liquidation confirmation orderDkt. 6274 on February 25, 2026, substantively consolidating the estates for liquidation and distribution purposes, vesting remaining assets in the debtors, appointing Allen Wilen to implement the plan and pursue retained causes of action, and leaving the debtors in existence only to wind up and dissolve. Recent activity shows that implementation is still active: the court sustained the debtors’ sixteenth omnibus claim objection, disallowing duplicate, amended, and insufficiently documented claims through the , and then approved nearly $946,888 in interim professional compensation and expenses through the .