Brain injury hospital files for bankruptcy | News
WAUCHULA, Florida (AP) - A Tampa Bay area hospital that treats brain injuries has filed for bankruptcy, months after a state investigation into reports of patient abuse and neglect at the facility.
The Florida Institute for Neurologic Rehabilitation Inc. (FINR) and three affiliated corporations filed for bankruptcy in Tampa Friday. Bloomberg News reports the hospital estimates owing between $3 million and $30 million to 103 to 346 creditors. Their estimated assets are at $150,000 or less.
Past abuse allegations claim staffers abused two autistic patients and another where a patient swallowed fish hooks and batteries in an attempt to escape.
In Depth Report: FINR - Highway to Heaven or Road to Hell?
The facility will remain open and a spokeswoman said negative media reports led to a significant decline in revenue. In a statement, the hospital maintained it was one of the best brain injury facilities nationally.
10 News Investigator Mike Deeson has been following abuse allegations at the hospital for months, and will have a full report tonight on 10 News at 11.