Financial deficit prompts La. hospital to consider closing, consolidation

Brooke Murphy -

St. Francis Medical Center in Monroe, La., is considering closing its downtown Monroe facility and consolidating all acute care services at its North Monroe campus, reports The News Star.

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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