5 latest hospital, clinic closures

From reimbursement landscape challenges to dwindling patient volumes, many factors lead hospitals and clinics to close or scale back services.

Here are five hospitals and clinics that have closed since Feb. 1, beginning with the most recent.

1. Chicago-based Presence Health closed Ambulatory Care Center for Excellence in Surgical Services in Danville, Ill., March 31. The surgery center's annual losses were more than $1 million in each of the past two years due to dwindling patient volume.

2. Louisiana Heart Hospital in Lacombe, which filed for Chapter 11 bankruptcy Jan. 30, closed Feb. 10. The hospital closed its 16 medical clinics Feb. 28.

3. Phoenix-based Banner Health closed its obstetrics and gynecology clinic in Casa Grande, Ariz., Feb. 16.

4. Houston-based CHI St. Luke's Health closed two emergency centers — Woodlands Emergency Center in The Woodlands, Texas, and Conroe (Texas) Emergency Center — Feb. 10. The system closed the facilities to eliminate duplicative services.

5. Gardens Regional Hospital and Medical Center, a 137-bed hospital in Hawaiian Gardens, Calif., closed Feb. 1. The hospital, which served mostly low-income patients and was part of Los Angels County's safety net, faced financial troubles for years and filed for Chapter 11 bankruptcy in 2016.

More articles on healthcare finance:

Arizona hospital falls into bankruptcy less than 2 years after opening
SSM Health's operating income tumbles after St. Louis hospital acquisition
8 pieces of advice on improving claim collection rates

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