Here’s why lawyers get a better deal than doctors in Hutcheson’s bankruptcy

Walker County officials are still on the hook for the $8.5 million owed for a loan Hutcheson received from Erlanger which the county backed, though the county recently tried to settle the lawsuit for $1.3 million. Walker County officials are still on the hook for the $8.5 million owed for a loan Hutcheson received from Erlanger which the county backed, though the county recently tried to settle the lawsuit for $1.3 million.

By Tyler Jett October 24, 2016 6 min read

Payments to professionals*

Scroggins & Williamson: $1.2 millionGuggenheim Securities: $1.1 millionGreenberg Traurig: $990,000Hunter, Maclean, Exley & Dunn: $860,000Ronald Glass: $515,000GGG Partners: $470,000Healthcare Management Partners: $430,000GlassRatner: $360,000*Approved Thursday

What providers are owed (and what they are offered)

CHI Memorial Hospital: $490,000 ($115,000)Parkridge Medical Center: $285,000 ($65,000)Erlanger Health System: $250,000 ($60,000)Serve You Custom Prescription Management: $200,000 ($45,000)Hamilton Medical Center: $170,000 ($40,000)

In the rubble left after Hutcheson Medical Center’s crash, nobody who worked with the hospital is getting what they’re owed.

But the lawyers and financial experts who guided Hutcheson through its final days are getting a better deal than the hospitals that treated Hutcheson’s employees. How much better? Almost four times as much.

On Thursday, a bankruptcy court judge approved the final payments for seven law firms, financial advisers and a trustee who handled the hospital’s final preparations before an Atlanta company bought Hutcheson in May. Combined, the groups are getting about $6 million – 90 percent of what they are owed.