BUFFALO (NY)
Buffalo News
February 14, 2020
By Matt Glynn
The Buffalo Catholic Diocese is expected to file for Chapter 11 bankruptcy in the near future, due to its dire financial situation stemming from a slew of sexual abuse lawsuits.
But if the diocese takes that step, Catholic Health – one of the region’s largest health care systems – would not be impacted, Catholic Health leaders say.
“Catholic Health institutions have been serving the health care needs of our community for more than 170 years and that will continue, apart from the challenges facing the diocese,” said Mark Sullivan, Catholic Health’s president CEO.
While the two organizations share a mission related to the Catholic Church, they operate separately.
Here’s a look at the reasons:
Q: Why wouldn’t a bankruptcy filing by the diocese affect Catholic Health?
A: The health system and the diocese are separate entities. Catholic Health fully owns its assets and those are separate from the diocese, Sullivan said.
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