New Jersey Gastroenterology Practice Files for Chapter 11

Atlantic Gastroenterology Associates in Egg Harbor Township, N.J., has filed for Chapter 11 bankruptcy protection after it was ordered to pay a former physician $8.7 million for breach of contract violations, according to a report in the Press of Atlantic City.

Advertisement

The five-physician group reported a debt of $9.2 million and 10 other debts that amount to $500,000 in court documents, according to the report.

The major source of the debt comes from a court decision made in favor of Dordaneh Maleki, MD, who sued Atlantic Gastroenterology over a contract she signed that said she would be made a full partner of the practice after about three years, according to the report. Dr. Maleki said the contract was not honored and was fired by the practice.

According to Dr. Maleki’s attorney, the practice did not have the right kind of insurance to protect itself from this kind of legal battle. Representatives for Atlantic Gastroenterology did not comment in the report.

Read the Press of Atlantic City’s report on Atlantic Gastroenterology Associates.

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

Unlocking Structural Heart Capacity: How Leading Programs Use EMR and Data to Improve Patient Flow and Throughput

Wednesday, August 19
11:00 AM - 12:00 PM CDT

Presenters: Katie Kennedy, MSN, APRN, NP-C, Community Heart and VascularMisty Theriot, BSN, RN, CPHQ, FACC, Lake Charles Memorial Health SystemKatie Worthington, DNP, RN, Atlantic Health SystemTaryn Shipley, MBA, CSSBB, Lean HealthTech

Advertisement

Next Up in GI & Endoscopy

Advertisement

Comments are closed.