7 hospital closures so far in 2017

From reimbursement landscape challenges to dwindling patient volumes, many factors lead hospitals to close.

Here are seven hospitals that closed since Jan. 1, beginning with the most recent.

1. Roseville, Calif.-based Adventist Health on July 24 closed Walla Walla (Wash.) General Hospital along with its affiliated home health division and medical group. Adventist said Walla Walla General has faced financial troubles for the past decade.

2. Timberlands Hospital in Crockett, Texas, closed June 30 after Rockdale, Texas-based Little River Healthcare ended its affiliation agreement with the hospital, according to KTRE.

3. 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.

4. Walnut Hill Medical Center, a 100-bed for-profit hospital in Dallas, abruptly closed June 4 and filed for Chapter 7 bankruptcy just four days later.

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

6. Louisiana Heart Hospitalin Lacombe, which filed for Chapter 11 bankruptcy in January, closed Feb. 10. In June, New Orleans-based Ochsner Health System signed an agreement to lease the hospital and revealed plans to open long-term care, skilled nursing and inpatient rehabilitation units in the facility.

7. 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:

Bon Secours operating income dips 28%, but investment gains offset decline
Wyoming hospital at risk of losing Medicare, Medicaid funding
Financial concerns prompt Johns Hopkins-owned hospital to eliminate staff through buyouts

 

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