11 recent hospital bankruptcies and closures

Here are 11 hospitals and health systems that filed for bankruptcy protection or closed since August.

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1. In October, Pomona, N.Y.-based Summit Park Hospital and Nursing Care Center announced plans to shut down by Dec. 31.

2. In October, Forest Park Medical Center’s San Antonio hospital closed after the hospital’s property owner filed for bankruptcy protection.

3. Winston-Salem, N.C.-based Novant Health closed Franklin Medical Center in Louisburg, N.C., in October.

4. Forest Park Medical Center at Frisco (Texas) filed for chapter 11 bankruptcy protection in September.

5. In September, Chesterfield, Mo.-based Mercy health system announced plans to close Mercy Hospital Independence (Kan.).

6. In September, Springfield, Ill.-based Hospital Sisters Health System announced its plan to discontinue healthcare services at St. Mary’s Hospital in Streator, Ill., and transfer ownership of the hospital and its related facilities to Peoria, Ill.-based OSF Healthcare System.

7. In August, Saint Michael’s Medical Center in Newark, N.J., filed for chapter 11 bankruptcy protection.

8. Southern Regional Medical Center in Riverdale, Ga., filed for chapter 11 bankruptcy protection in August.

9. In August, Cheverly, Md.-based Dimensions Healthcare System decided to close 106-bed Laurel (Md.) Regional Hospital and replace it with an ambulatory care center.

10. Douglas, Ariz.-based Cochise Regional Hospital closed in August.

11. Nye Regional Medical Center in Tonopah, Nev., shut down in late August.

More articles on healthcare finance:

Steward begins to bounce back after hospital closure
Florida governor invites examples of hospital ‘price gouging’
13% of rural hospitals vulnerable to closure: 5 things to know

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