WESTMINSTER — The landlord for Westminster-based surgical center Northwest Regional ASC LLC has filed to force the medical provider into an involuntary bankruptcy.
In filings to the U.S. Bankruptcy Court for the District of Colorado, Wednesday, Potens Partners LLC claims that the surgery center has $95,075 in unpaid lease obligations.
Located just south of the intersection of West 104th Avenue and the Denver/Boulder Turnpike, Northwest Ambulatory is a single-operating room center that performs gastroenterology, ear-nose-throat, orthopedic, regenerative and plastic surgery.
The center is listed as a member United Surgical Partners International Inc., a provider of outpatient surgery clinics based in Dallas.
USPI did not respond to a request for comment Thursday, and BizWest was unable to leave a message on Northwest Ambulatory’s listed phone number.
In most cases, a company files a Chapter 7 petition to liquidate itself and distribute the proceeds to its debtors. However, debtors can ask a bankruptcy court to liquidate a company that won’t do so by itself if the company meets certain benchmarks and generally isn’t paying debts that are not part of an ongoing legal dispute.
Hospitals and specialty medical providers across Colorado and the country have taken serious financial hits from the COVID-19 pandemic, as elective procedures were widely halted to devote medical resources toward pandemic care.
WESTMINSTER — The landlord for Westminster-based surgical center Northwest Regional ASC LLC has filed to force the medical provider into an involuntary bankruptcy.
In filings to the U.S. Bankruptcy Court for the District of Colorado, Wednesday, Potens Partners LLC claims that the surgery center has $95,075 in unpaid lease obligations.
Located just south of the intersection of West 104th Avenue and the Denver/Boulder Turnpike, Northwest Ambulatory is a single-operating room center that performs gastroenterology, ear-nose-throat, orthopedic, regenerative and plastic surgery.
The center is listed as a member United Surgical Partners International Inc., a provider of outpatient surgery clinics based in Dallas.
USPI did not respond to a request for comment Thursday, and BizWest was unable to leave a message on Northwest Ambulatory’s listed phone number.
In most cases, a company files a Chapter 7 petition to liquidate itself and distribute the proceeds to its debtors. However, debtors can ask a bankruptcy court to liquidate a company that won’t do so by itself if the company meets certain benchmarks and generally isn’t paying debts that are not part of an ongoing legal dispute.
Hospitals and specialty medical providers across Colorado and the country have taken serious financial hits from the COVID-19 pandemic, as elective procedures were widely halted to devote medical resources toward pandemic care.
…
This article has been intentionally blurred.
You must purchase a subscription to view the rest of this content.
Want to See More!?
OR
Start your subscription to BizWest, The Business Journal of the Boulder Valley and Northern Colorado, TODAY!
Print + Digital
$8/mo
billed monthly
- 1-month online access to BizWest.com which includes unlimited news stories, archived story access and interactive versions of monthly business journal.
- 1-month subscription to BizWest & all of the publications in print version.
Digital
$8/mo
billed monthly
- 1-month online access to BizWest.com which includes unlimited news stories, archived story access and interactive versions of monthly business journal.
Unlimited
$300 for one year!
1 Year subscription, billed annually
- 1-year online access to BizWest.com which includes unlimited news stories, archived story access and interactive versions of monthly business journal.
- 1-year subscription to BizWest & all of the publications in print version.
- 1-year premium online access to unlimited downloads from the BizWest Datastore!
- 1-year premium online access to the ALL NEW Breaking Ground website!
Your promotional subscription will automatically renew at the full rate on the date of your subscription maturity. Reminder notices will be emailed before each auto-renewing payment to the email address on file. You may cancel at any time by calling (970) 232-3143 or emailing bdennis@bizwest.com. Your BizWest subscription also includes a complimentary subscription to the BizWest email newsletter, and you may easily unsubscribe from this at any time by emailing bdennis@bizwest.com.