The health system will shut down Physicians Regional Medical Center in Knoxville and Lakeway Regional Hospital in Morristown on Dec. 28, according to WATE.
“We will work with our medical staff, patients and local EMS/first responders to ensure a smooth transition of care,” said Tony Benton, CEO of Tennova Healthcare.
Although Tennova will close two hospitals, it plans to enhance services at North Knoxville Medical Center and Turkey Creek Medical Center in Knoxville. The system is also working with local physicians to pursue opportunities to develop new outpatient care sites, according to the report.
More articles on healthcare finance:
Louisiana hospital files for bankruptcy, blames ex-administrator for financial crisis
Moody’s: How CHS, Tenet and LifePoint are offsetting industry challenges
Billionaire pledges to fight pharma’s ‘abusive’ pricing
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
