ABC-7’s Complete Coverage of El Paso Children’s Hospital, University Medical Center financial issues
ABC-7 broke the news about the financial situation of El Paso Children’s Hospital in spring 2014 and how it is affecting University Medical Center of El Paso. Other issues have affected the hospitals during this time. Click links below to read or view how the story has evolved. Stories are from most recent to oldest.
Timeline of major events related to El Paso Children’s Hospital financial situation
December 08, 2015 Bankruptcy judge approves Children’s Hospital-UMC joint plan of reorganization
December 08, 2015 El Paso Children’s Hospital CEO, board chair give their take on confirmed reorganization deal
December 08, 2015 Full Video: El Paso Children’s Hospital Dec. 8 news conference
December 07, 2015 El Paso Children’s Hospital selects new interim CEO
December 06, 2015 Bankruptcy judge set to rule on EPCH-UMC joint plan
December 05, 2015 Judge rejects Andy Krafsur’s letter in Children’s bankruptcy case
November 30, 2015 University Medical Center chooses new board members to lead El Paso Children’s Hospital
November 29, 2015 $800,000 consulting bill for El Paso Children’s raises questions
November 10, 2015 UMC CEO Jim Valenti leaves door open to staying; Children’s board application goes public
November 10, 2015 UMC seeks candidates to serve on El Paso Children’s Hospital board
October 22, 2015 State files objection to UMC-El Paso Children’s Hospital plan
October 15, 2015 El Paso Children’s Hospital to pay back UMC nearly $48 million including secured and unsecured debt
October 14, 2015 El Paso Children’s Hospital board approves joint plan with UMC, details of plan revealed
October 05, 2015 County Commissioners, UMC approve deal with El Paso Children’s Hospital; Children’s board needs to approve
October 05, 2015 El Paso Children’s Hospital wants to hire different investment banker
September 29, 2015 El Paso Children’s Hospital gives details it says shows it agreed to UMC deal
September 28, 2015 UMC, Children’s fail to reach agreement
September 28, 2015 UMC says deal not reached with El Paso Children’s Hospital; Children’s says it agreed to terms
September 28, 2015 El Paso Children’s Hospital says UMC backtracked from proposal to pay 100% of Children’s debt
September 25, 2015 El Paso Children’s Hospital responds to UMC’s final offer
September 24, 2015 UMC files emergency motion to present its plan to salvage El Paso’s Children’s Hospital
September 24, 2015 UMC extends Childern’s deadline to morning of Sept. 25
September 23, 2015 Attorney General can’t confirm or deny fraud investigation into El Paso Children’s Hospital
September 23, 2015 El Paso Children’s Hospital, UMC fail to reach deal by deadline
September 22, 2015 State health agency tells judge not to waste time, resources on Children’s hospital plan
September 21, 2015 El Paso Children’s Hospital responds to latest UMC term sheet; UMC board discusses response
September 18, 2015 UMC to make new offer for Children’s Hospital
September 18, 2015 UMC May Withdraw Offer, Allow Children’s Hospital Closure
September 17, 2015 El Paso Children’s Hospital files reorganization plan with bankruptcy court
September 08, 2015 Judge rules El Paso Children’s Hospital must make lease payments to UMC during bankruptcy
El Paso Children’s Hospital extension granted, UMC says Children’s lied to federal government September 03, 2015
El Paso Children’s Hospital claims rent is inflated August 31, 2015
El Paso Children’s Hospital CEO sends letter to UMC about possible job loss at UMC August 28, 2015
County Commissioners ask UMC to show them a budget that doesn’t subsidize El Paso Children’s August 25, 2015
County discusses cost of Children’s bankruptcy August 25, 2015
Commissioners doubt El Paso Children’s ability to put forth bankruptcy plan August 17, 2015
What UMC is proposing to get El Paso Children’s out of bankruptcy August 13, 2015
Judge denies El Paso Children’s Hospital request to delay plan until January August 13, 2015
UMC CEO says charging Children’s Hospital $10 million a year for lease is ‘fair’ August 11, 2015
Bankruptcy Trustee Questions Children’s Hiring of Investment Banking Firm August 05, 2015
Pediatricians upset about UMC CEO’s deposition July 31, 2015
Bankruptcy judge rules EP Children’s Hospital pay UMC $1.2M+ per month; debate over rent dominates hearing July 30, 2015
UMC proposes next year’s budget with no tax increase July 29, 2015
El Paso county warns of impending UMC tax hike July 28, 2015
UMC argues for lease payments in Children’s bankruptcy case July 25, 2015
UMC seeks permission to file plan with U.S. Bankruptcy CourtJuly 20, 2015
El Paso Children’s Hospital seeks to hire investment banker July 17, 2015
Children’s Hospital CEO admits May’s patient ER statistics are ‘misleading’ July 14, 2015
County plans on making filing in Children’s Hospital bankruptcy case on Wednesday, July 8 July 06, 2015
Children’s starts making rent payments to UMC July 06, 2015
El Paso Children’s CEO cancels on town hall meeting July 02, 2015
Now that mediation has failed, what’s next in UMC-Children’s Hospital fight? July 02, 2015
Mediation between El Paso Children’s Hospital, UMC fails July 01, 2015
Day two of mediation between UMC and Children’s yields no agreement June 26, 2015
Judge to allow county judge, county commissioner to be in room during UMC, Children’s Hospital mediation June 24, 2015
El Paso Children’s Hospital finances being questioned June 24, 2015 El Paso Children’s Hospital board changes bylaws, number of members that make up board June 19, 2015 Former Children’s hospital CEO received $250,000 severance June 18, 2015
Children’s CEO responds to audits showing the hospital overspent
June 05, 2015
Children’s Bankruptcy Puts “Negative Watch” On UMC’s Bond Rating June 02, 2015 What does Children’s Hospital want? UMC board and county commissioners meet May 28, 2015 Two community leaders interested in Children’s Hospital boardMay 28, 2015 El Paso Children’s CEO addresses concerns at morning meeting May 27, 2015 ABC-7 Xtra: Children’s Finances May 25, 2015
Bankruptcy judge leaning towards mediation in El Paso Children’s Hospital case May 22, 2015 4th El Paso Children’s Hospital board member resigns May 21, 2015 Children’s hospital bankruptcy complaint details disagreement May 20, 2015
El Paso Children’s Hospital accuses UMC of siphoning funds May 20, 2015
How El Paso Children’s Hospital is affecting taxpayers May 20, 2015
Children’s board chair unavailable for comment, other board member resigns May 20, 2015
Was lack of trust reason UMC-Children’s deal fell apart? May 20, 2015
Children’s Hospital physicians speak outMay 20, 2015
Children’s Hospital Bankruptcy: Parents worried; staff reassured May 19, 2015
UMC, El Paso Children’s Hospital deal falls apart; Children’s files for bankruptcy protection May 19, 2015
UMC: We were kept in dark when it came to true financial picture of El Paso Children’s Hospital May 19, 2015
El Paso Children’s Hospital to Supporters: UMC’s inflated cost, oppressive approach hasn’t worked for EPCH May 19, 2015
El Paso County Judge discusses Children’s Hospital bankruptcy, chastises hospital board May 19, 2015
UMC gives El Paso Children’s Hospital its ‘final offer’ May 18, 2015
UMC, Children’s Hospital still working to finalize deal May 12, 2015
UMC-Children’s Hospital deadline comes without agreement May 01, 2015
UMC, Children’s Hospital may not make deadline to secure millions in Medicaid funding April 30, 2015
ABC-7 looks further into UMC CEO goals, incentive plan April 15, 2015
New University Medical Center board member starts term Tuesday April 07, 2015
County appoints two new UMC board members April 06, 2015
El Paso County Commissioners announce 2 nominees for UMC board of managers April 2, 2015
UMC board members meet with commissioners about debt resolution March 16, 2015
Doctors worry El Paso Children’s Hospital will lose independence; offers mediation suggestions March 9, 2015
UMC open to mediation with El Paso Children’s Hospital March 4, 2015
UMC releases its fact sheet on situation with El Paso Children’s Hospital Feb. 27, 2015
El Paso Children’s Hospital names new CEOFebruary 27, 2015
UMC releases its fact sheet on situation with El Paso Children’s HospitalFebruary 27, 2015
UMC’s offer to help El Paso Children’s Hospital expires February 27, 2015
Is UMC’s Offer to Save El Paso Children’s Hospital Informal Bankruptcy? February 26, 2015
County Urges Children’s to Come Up With Counter-offer, Children’s Says Bankruptcy on the Table February 25, 2015
UMC releases details of ultimatum given to El Paso Children’s Hospital
UMC Gives Debt-Ridden Children’s Hospital An Ultimatum February 23, 2015
ABC-7 obtains complete list of UMC bonuses December 19, 2014
UMC board meets to discuss disciplinary action against CEO, takes no action December 12, 2014
ABC-7 I-Team combs through additional info about UMC bonuses December 10, 2014
County Judge writes letter to UMC board chairs calling for resignations, chairman responds December 06, 2014
Hospital association: Valenti scrutiny not deserved December 05, 2014
Commissioners Court wants to see changes on UMC Board December 04, 2014
UMC CEO Valenti’s deferred compensation could reach $3 million over life of contract December 04, 2014
UMC places lien on Children’s Hospital; another party could end up running Children’s Hospital December 03, 2014
Special Report: The promises and reality of El Paso Children’s Hospital November 07, 2014
El Paso Children’s Hospital CEO to step down to be closer to family article August 15, 2014
ABC-7 obtains UMC board chair’s notes re: Children’s debt talks article August 15, 2014
UMC, County meet again to try and hammer out budget article August 14, 2014
University Medical Center drops tax hike, seeks “effective tax rate” article August 12, 2014
Hospital District postpones decisions on El Paso Children’s Hospital, budget article August 06, 2014
UMC not pursuing tax hike after all article July 31, 2014
UMC proposes tax hike to pay for $60M deficit article July 29, 2014
UMC CEO: El Paso Children’s Hospital won’t be able to pay UMC what it owes this year and next year article July 28, 2014
UMC of El Paso lays off 56 due to budget problems July 25, 2014
Read full text of letter UMC CEO sent to employees regarding today’s layoffs July 25, 2014
UMC board approves pursuing $60 million in lines of credit for next 2 years July 21, 2014
El Paso Children’s Hospital announces sustainability plan; includes renegotiating terms of agreement with UMC June 20, 2014
Video: Full El Paso Children’s Hospital news conference June 20, 2014
El Paso Children’s Hospital to discuss sustainability plan Friday June 20, 2014
Children’s Hospital spokeswoman accuses UMC CEO of sabotage June 18, 2014
UMC sends letter to Children’s Hospital outlining dire consequences for Children’s Hospital June 18, 2014
UMC discusses El Paso Children’s Hospital with county commissioners June 16, 2014
El Paso Children’s Hospital: Taxpayer bailout not on the table, looking for solutions June 14, 2014
Tension runs high at UMC board meeting June 09, 2014
IRS filings offer clues about Children’s Hospital finances June 06, 2014
El Paso Children’s Hospital tax documents released June 05, 2014
El Paso Children’s Hospital still owes UMC $59M June 05, 2014
ABC-7 I-Team questions financial status of El Paso’s Children’s Hospital June 05, 2014
Ex-Children’s CEO never involved in finance-committee communications June 05, 2014
Committee assembled to assess Children’s Hospital finances June 05, 2014
UMC Board of Managers talks EPCH again, no action taken May 30, 2014
UMC’s CEO says hospital faces rough waters ahead May 26, 2014
UMC’s Valenti explains financial problems at EP Children’s May 21, 2014
Children’s Hospital refuses to release tax records May 16, 2014
Children’s Hospital $59M debt to UMC continues to grow April 30, 2014
El Paso Children’s Hospital: “We have a serious issue” April 24, 2014
UMC-EP Children’s strategic planning committee meets for first time April 23, 2014
El Paso Children’s Hospital CEO resigns; new CFO will also take over as CEO April 17, 2014
Committee assembled to assess Children’s Hospital finances April 04, 2014
Reimbursement changes hurting Children’s Hospital’s bottom lineApril 04, 2014
El Paso Children’s Hospital tax documents releasedApril 01, 2014
El Paso Children’s Hospital still owes UMC $59MMarch 29, 2014
Children’s Hospital refuses to release tax recordsMarch 29, 2014
Shroud of mystery surrounds El Paso Children’s Hospital financesMarch 28, 2014
Video: El Paso Childrens Finances called into question March 26, 2014
