Haaretz/Ronny Linder-Ganz

Hadassah Hospital Files for Bankruptcy After Credit Lines Cut

Hadassah University Hospital filed a request on Friday for court protection against creditors, after reaching an agreement with the treasury and the Hadassah Women’s Organization to provide it with a total of 100 million shekels ($28.3 million) over the next three months. The injection of funding is meant to enable the financially strapped hospital to meet its payroll and pay suppliers. The arrangement will also allow some breathing space to hash out a long-term recovery plan for the hospital, which has two medical centers in Jerusalem.