6 latest hospital bankruptcies, closures

Here are six hospitals that filed for bankruptcy protection or closed since March 1, beginning with the most recent.

1. Omaha, Neb.-based CHI Health closed CHI Health Creighton University Medical Center in Omaha at 7:00 a.m. on June 9. At the same time, CHI Health opened a new 20-bed emergency department less than a mile away at Creighton University Medical Center University Campus.

2. Walnut Hill Medical Center, a 100-bed for-profit hospital in Dallas, filed for Chapter 7 bankruptcy June 6 after abruptly closing just four days prior.

3. Milledgeville, Ga.-based Oconee Regional Medical Centerfiled for Chapter 11 bankruptcy protection May 10. Prime Healthcare Foundation, the nonprofit affiliate of Ontario, Calif.-based Prime Healthcare Services, is in the process of acquiring Oconee Regional Medical Center. 

4. Campbellton-Graceville (Fla.) Hospitalfiled for Chapter 11 bankruptcy protection May 5 to lower its high debt load. The hospital will remain open during the bankruptcy process.

5. Green Valley (Ariz.) Hospital filed for Chapter 11 bankruptcy April 3. In its bankruptcy documents the hospital says it was "poorly managed" and "undercapitalized" since it opened about two years ago.

6. Davie Medical Center-Mocksville (N.C.) closed at the end of March, according to Journal West.

More articles on healthcare finance:

UHS hospital in Oklahoma faces Medicare termination on heels of Buzzfeed News investigation
Dana-Farber operating income plunges 66% on unplanned costs of CMS review
Southcoast Health's operating loss doubles as federal reimbursement declines

 

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