Emergency center files for bankruptcy

Houston-based Neighbors Emergency Center, which operates more than 20 free-standing emergency rooms in Texas and elsewhere, has filed for Chapter 11 bankruptcy. The company’s holdings include Neighbors Emergency Center at 2001 Mall Drive, Texarkana, Texas. The company filed for Chapter 11 bankruptcy in mid-July in the Houston Division of the Southern District of Texas bankruptcy court. Chapter 11 bankruptcy typically consists of a reorganization of debt meant to allow the debtor to keep its business alive and pay creditors over time. The bankruptcy case has been designated as complex, but a company spokeswoman said the move won’t affect individual emergency centers’ operations. "All of our 22 centers are remaining open. We are well-staffed, paying our bills and we are treating patients’ health needs 24-7," Neighbors Health Director of Marketing and Communications Kathleen O’Banion said. "The bankruptcy was filed to prepare for sale." O’Banion said she is not at liberty […]