Upper Peninsula State Senator Tom Casperson says he supports the Dickinson County Hospital efforts to resolve its financial crisis by restructuring through a Chapter Eleven bankruptcy filing. But he tells the Radio Results Network that there may need to be work done in Lansing to help that along.
“What we need now, and we’re working on a piece of legislation that would help allow for them to file for Chapter Eleven, which would be a better scenario for the hospital,” Casperson, R-Escanaba, told RRN News. “There’s some technicalities where they might be ineligible to do that unless I can get this legislation through, so we’re working to get that done as soon as possible. If they file for Chapter Eleven, that gives them some breathing room, makes sure the employees are taken care of, and we get some restructuring done.”
Casperson says that his chief of staff, Marty Fittante, is working closely with the hospital and the Snyder Administration to try to keep the Iron Mountain hospital up and running. He says that the true nature of the hospital’s financial woes are now “out in the open and on the table”, which is what he says was not the case when Bellin Helath and UP Health System contemplated buying the hospital.