Alaska’s Fairbanks Community Behavioral Health Center To File For Bankruptcy
Circle Connections: New Products & Services Fairbanks Community Behavioral Health Center plans to file for bankruptcy, a move that caps a summer of catastrophic financial news for the nonprofit organization. The facilitys board voted unanimously to pursue bankruptcy protection, soon after an audit showed the center has only enough funding to continue operating for about three weeks. The center, which provides mental health services in the Fairbanks area, plans to continue to serve clients as it navigates the process. Heavy debt at the center was compounded by other problems. A pair of major medical claims staggered the self-insured . . .