Louisiana Heart Hospital closes

Louisiana Heart Hospital in Lacombe closed Feb. 10 after officials announced in late January that it would shut down by the end of this month, according to The Times-Picayune.

The 134-bed hospital and its affiliated medical group filed for Chapter 11 bankruptcy Jan. 30. The hospital faced financial challenges in recent years, as it struggled to balance shrinking reimbursements with rising operating costs.

Although the hospital has closed, it is still involved in litigation with former employees. In early February, a former Louisiana Heart Hospital employee filed an adversary action in the hospital's bankruptcy case alleging the hospital violated the Worker Adjustment and Retraining Notification Act when it laid off employees without proper notice.

More articles on healthcare finance:

100 things to know about Medicare reimbursement | 2017
A state-by-state breakdown of hospital adjusted expenses per inpatient day
Kaiser Permanente operating income grows as membership booms

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


Featured Whitepapers

Featured Webinars