UPenn Health Care System in the US will be in a much different position when it goes into bankruptcy on July 1, 2020.
According to a press release from the US Department of Health and Human Services (HHS), the health system will be subject to Chapter 11 bankruptcy proceedings by the end of August.
This will allow the government to collect up to $150 billion in taxpayer money, the press release says.
However, in the meantime, it’s unclear if any of the funds will be used for the health systems primary mission: health care.
“The government has not decided if it will continue to provide health services to the affected individuals and families in the future,” the release says, “but we do have a plan to provide them with health care services to a greater extent than we currently do.”
According the HHS press release, “the bankruptcy will result in a restructuring of the primary functions of the [U.S. Department of Labor] that will include the hiring of more people, a reduction in costs for health care providers and the restructuring of some services.”
The U.S., which has more than 2.5 million uninsured people, currently provides health care for more than 20 million people.
However, according to the HHS, the number of U.A.E. residents will reach 20 million in 2020.
The US. has not yet announced how much it will pay for the U.K. and other affected countries.
Earlier this month, a group of UACS students wrote a letter to the White House expressing their outrage over the shutdown of the UACs health system, which they say resulted in the loss of up to 1,000 jobs and the shutdowns inability to provide basic services to patients.