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 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.