Timeline of major events related to El Paso Children’s Hospital situation

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. Below is an abbreviated timeline of major events in the Children’s financial saga. For ABC-7’s complete coverage of all stories related to it, go to http://bit.ly/1QujuYa

March 26, 2014 El Paso Children’s finances called into question March 28, 2014 Shroud of mystery surrounds El Paso Children’s Hospital finances March 29, 2014 Children’s Hospital refuses to release tax records March 29, 2014 El Paso Children’s Hospital still owes UMC $59M April 01, 2014 El Paso Children’s Hospital tax documents released
April 04, 2014 Reimbursement changes hurting Children’s Hospital’s bottom line
April 04, 2014 Committee assembled to assess Children’s Hospital finances
April 17, 2014 El Paso Children’s Hospital CEO resigns; new CFO will also take over as CEO
May 21, 2014 UMC’s Valenti explains financial problems at EP Children’s
June 05, 2014 ABC-7 I-Team questions financial status of El Paso’s Children’s Hospital
June 06, 2014 IRS filings offer clues about Children’s Hospital finances
June 18, 2014 UMC sends letter to Children’s Hospital outlining dire consequences for Children’s Hospital
June 20, 2014 El Paso Children’s Hospital announces sustainability plan; includes renegotiating terms of agreement with UMC
July 28, 2014 UMC CEO: El Paso Children’s Hospital won’t be able to pay UMC what it owes this year and next year
November 07, 2014 Special Report: The promises and reality of El Paso Children’s Hospital
February 23, 2015 UMC Gives Debt-Ridden Children’s Hospital An Ultimatum
February 25, 2015 County Urges Children’s to Come Up With Counter-offer, Children’s Says Bankruptcy on the Table February 26, 2015 Is UMC’s Offer to Save El Paso Children’s Hospital Informal Bankruptcy?
February 27, 2015 UMC’s offer to help El Paso Children’s Hospital expires
March 9, 2015 Doctors worry El Paso Children’s Hospital will lose independence; offers mediation suggestions
April 30, 2015 UMC, Children’s Hospital may not make deadline to secure millions in Medicaid funding
May 01, 2015 UMC-Children’s Hospital deadline comes without agreement
May 12, 2015 UMC, Children’s Hospital still working to finalize deal
May 18, 2015 UMC gives El Paso Children’s Hospital its ‘final offer’
May 19, 2015 El Paso County Judge discusses Children’s Hospital bankruptcy, chastises hospital board
May 19, 2015 UMC, El Paso Children’s Hospital deal falls apart; Children’s files for bankruptcy protection
May 20, 2015 How El Paso Children’s Hospital is affecting taxpayers
May 22, 2015Bankruptcy judge leaning towards mediation in El Paso Children’s Hospital case
July 01, 2015 Mediation between El Paso Children’s Hospital, UMC fails
July 02, 2015 Now that mediation has failed, what’s next in UMC-Children’s Hospital fight?
July 14, 2015 Children’s Hospital CEO admits May’s patient ER statistics are ‘misleading’
August 13, 2015 Judge denies El Paso Children’s Hospital request to delay plan until January
August 11, 2015 UMC CEO says charging Children’s Hospital $10 million a year for lease is ‘fair’
September 08, 2015Judge rules El Paso Children’s Hospital must make lease payments to UMC during bankruptcy
September 17, 2015El Paso Children’s Hospital files reorganization plan with bankruptcy court
October 05, 2015County Commissioners, UMC approve deal with El Paso Children’s Hospital; Children’s board needs to approve
October 14, 2015El Paso Children’s Hospital board approves joint plan with UMC, details of plan revealed
October 15, 2015El Paso Children’s Hospital to pay back UMC nearly $48 million including secured and unsecured debt

December 08, 2015 Bankruptcy judge approves Children’s Hospital-UMC joint plan of reorganization