Quorum cited financial troubles as the reason for the closure. The company said declining revenues, increasing provider compensation and a competitive market caused Affinity Medical Center to record financial losses for the last six years.
Quorum decided to shut down the hospital after trying to secure a new owner for the facility without success, according to a Securities and Exchange Commission filing.
An Ohio Worker Adjustment and Retraining Notification Act notice dated Jan. 5 indicated 692 of the hospital’s employees would be laid off by March 7. The closure will also result in 116 workers at Massillon-based Doctor’s Hospital Physician Services, which provides services at Affinity Medical Center, to lose their jobs, according to a separate WARN notice.
Quorum, the 31-hospital spinoff of Franklin, Tenn.-based Community Health Systems, ended the third quarter of 2017 with a net loss of $29.2 million on revenues of $499.3 million. That’s compared to the same period of 2016, when the company posted a net loss of $7 million on revenues of $543.9 million.
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Editor’s Note: This article was updated Jan. 8 to include information from the Ohio Worker Adjustment and Retraining Notification Act notice.
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