5 Latest Hospital Bankruptcies, Closures

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Source: Becker’s Hospital Review

By: Ayla Ellison

Here are five hospitals that filed for bankruptcy protection or closed since May 20.

1. North Georgia Medical Center in Ellijay closed June 6. A nearby hospital owned by Atlanta-based Piedmont Healthcare plans to reopen the facility’s emergency department.

2. Gardens Regional Hospital and Medical Center, a 137-bed hospital in Los Angeles, filed for Chapter 11 bankruptcy. The hospital, which opened in 1997, serves mostly low-income people and is part of Los Angeles County’s safety net.

3. Saddleback Memorial – San Clemente (Calif.) hospital closed May 30. The primary reason for the closure was dwindling patient volumes. On many days, there were less than 10 inpatients at the 73-bed hospital.

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People's Choice Hospital is a boutique company that specializes in managing the unique environment of a hospital with its complicated communication and documentation systems. PCH is led by practicing physicians and hospital administrators with expertise in financially distressed facilities. People's Choice Hospital understands the daily challenges of operating a high volume, under-funded medical center in a large urban community. Our goal is to restore struggling hospitals to a position of strength in their communities by leveraging superior technology, communications, and business acumen.