HOSPITAL LEAVES DEBTORS

CHAFFEE -- On July 17, Chaffee General Hospital filed for bankruptcy, leaving many business seeing red.

The most detrimental blow was to those holding unsecured notes. Unsecured notes are those businesses or individuals who hold no collateral or claims in a bankruptcy case.

Suffering the largest losses from the Chaffee suit are: Brim Healthcare Inc., consultan~t fee/attorney for settlement, $27,590.93; Blue Cross and Blue Shield, employee insurance, $25,804.20; and Curtin Matheson Scientific, lab supplies, $21,145.

Local losses were: Cape Girardeau Winair Supply, plumbing supplies, $1,209.14; Earley, Janssen, Begley & Company of Cape Girardeau, accounting, $1,376.50; Beaver Janitorial of Sikeston housekeeping supplies, $383.23; Crown Pest Control of Scott City, $60.70; City of Chaffee, water $250; Imperial Floor Coverings miscellaneous, $126.20; Halter Gas Co. of Oran, fuel, $100.46.

Heartland Laboratories, pathology directors, $5,000; Hospital Services Group of Cape Girardeau, consult supplies, $4,185.28; ~Jakes Plumbing of Chaffee, $35, ~Joe Perez of Jackson, X-ray repair, $6,205.95; Mark Kasten M.D. of Cape Girardeau, emergency room coverages, $1,375; T.P. Lambrou M.D. of Chaffee, emergency room coverages, $4,326.90; Lock Shop of Scott City, $238.

Medical-Surgical Programs of Cape Girardeau, consul~tants, $6,000; The Medicine Shoppe of Chaffee, drugs, $1,274.53; Missouri Delta Medical Center of Sikeston, reference work, ~764.82; North Scott County News of ~Chaffee, ads $586.99; North Scott Publishing Inc. of Chaffee, forms, $1,229.07; Right-way Pest Control of Chaffee, $90; Schaefer Water Centers of Cape Girardeau, water softener, $1,841.69; Scott County~ Auto Supply o~f Chaffee, auto supplies, $8.76.

Southeast Missouri Hospital of Cape Girardeau, lab reference work, $5,971.09; Standard-Democrat of Sikeston, ads, $41.70; Stubbs Plumbing and Heating of Chaffee plumbing repair, $74.26; Turner Dairy of Sikeston, milk, $309.24; Ward Office Equipment of Scott City, copier repair, $200; Williams Enter~prise of Sikeston, copier repair, $716,46; Whitiker ACE Hardware of Chaffee, supplies, $132.62; Gordon Nunnelly M.D., emergency room charges $7,900; and Cindy Mix of Chaffee, payroll, $989.

For those secured creditors, the Chaffee Hospital bankruptcy remains simply a bad investment. Secured creditors are those who will receive all or a portion of their money as soon as assets have been liquidated.

Secured creditors are First Midwest Bank of Chaffee and Towers Financial Corp. of Cape Girardeau.