HCA to close Sister Emmanuel Hospital in Miami

Nashville, Tenn.-based HCA Healthcare plans to close Sister Emmanuel Hospital, a Miami-based long-term care hospital, in December, according to the South Florida Business Journal.

HCA will lay off 97 employees when it shuts down Sister Emmanuel Hospital, but some of the employees could transfer to other HCA facilities.

"There are a number of open positions within our affiliated facilities in the area, and we believe most of our affected employees will find employment opportunities," Sister Emmanuel Hospital said in a letter accompanying its Oct. 3 Worker Adjustment and Retraining Notification Act notice.

Sister Emmanuel Hospital had a 90.1 percent occupancy rate in 2017 and recorded a $152,210 profit on net revenue of $12.1 million, according to the South Florida Business Journal, which cited information from the Florida Agency for Health Care Administration.

More articles on healthcare finance:

Louisiana hospital files for bankruptcy, blames ex-administrator for financial crisis
Private equity pushes into healthcare: 8 latest deals
Billionaire pledges to fight pharma's 'abusive' pricing

© Copyright ASC COMMUNICATIONS 2018. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months