St. Francis belongs to the Franciscan Missionaries of Our Lady Health System in Baton Rouge, La.Monroe City Mayor Jamie Mayo told The News Star the hospital suffered nearly a $25 million deficit last year.
St. Francis CEO Kristin Wolkart blamed the hospital’s financial duress on uncompensated care costs and maintenance of its century-old facility.
The hospital will consider its options and make a decision at a health system board meeting Sept. 9, according to The News Star.
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