State provides funds to troubled Roseland Community Hospital
BY MONIFA THOMAS Staff Reporter/ firstname.lastname@example.org July 3, 2013 6:24PM
Updated: July 3, 2013 6:58PM
As state officials try to fund Roseland Community Hospital to keep its doors open permanently, Illinois has again advanced a round of supplemental payments to the troubled facility.
Exactly how much was given to Roseland for advanced payments was not immediately known. But a source said that it was enough to keep the hospital operating at 45 W. 111th St., for now.
The source also stressed that the money was not another “emergency assistance” like the $350,000 that was given by Gov. Pat Quinn in June and derived from existing state funding dedicated to public health purposes and community and not-for-profit organizations.
Instead, the money was what was already owed to the hospital for supplemental payments, which Illinois provides to other hospitals.
Roseland, a 162-bed hospital that’s a safety net for underinsured and uninsured people, came close to closing before Quinn provided the bailout in June. It has said it owed $7 million to pay off its debt that was more than 90 days delinquent, but on the day it got the help from Quinn, a spokeswoman said the hospital had more than $14 million of debt.
The hospital could not be reached.
The governor’s office has said in the past that Quinn viewed the hospital as an “anchor in the community,” and that a long-term solution is in the works with a new chief restructuring officer and a team of financial analysts.