STATEMENT REGARDING RULING FROM BANKRUPTCY COURT

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MEDIA STATEMENT

PR CONTACT:

Marcus Young 415-505-2524

marcus@wearejsa.com

STATEMENT REGARDING TODAY’S RULING FROM BANKRUPTCY COURT

March 21, 2024 – Hollister, Calif. –Today Hazel Hawkins Memorial Hospital received the Bankruptcy Court’s ruling that the hospital did not satisfy one of the statutory requirements to remain in Chapter 9 Bankruptcy. The ruling acknowledged that “the District has faced an enormous financial challenge in the past several years” and that “the Board of Directors, officers, and staff responded to that challenge with innovative solutions and a sense of resilience.” The court’s conclusion that the District is not insolvent should be seen as a reflection of the District’s concerted effort to ensure that its hospital can continue to serve the San Benito County community in the future.

Hospital administrators are working closely with legal and financial advisors to analyze the procedural and financial impacts of the ruling. This ruling is not a judgement on the hospital’s current solvency, and we are not out of the woods on our financial crisis. The hospital’s primary goal continues to be keeping its doors open to provide high-quality care for the residents of San Benito County.

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About Hazel Hawkins Memorial Hospital

Hazel Hawkins Memorial Hospital is a full-service, public agency hospital delivering modern medicine and compassionate care to the growing San Benito County community. HHMH offers hundreds of health services across multiple locations, including top-tier specialists, a modern Emergency Department, and a state-of-the-art Women’s Center. To learn more about Hazel Hawkins Memorial Hospital and the Hazel Hawkins Hospital Foundation, please visit www.hazelhawkins.com.