The 26-hospital system announced June 12 that it has filed an application with the Illinois Health Facilities and Service Review Board to close MetroSouth Medical Center. Quorum is seeking a new operator for the facility. However, it will close the hospital by the end of the fourth quarter if a buyer isn’t secured.
Quorum, a spinoff of Franklin, Tenn.-based Community Health Systems, cited several factors that led to the decision to close MetroSouth Medical Center, including mounting financial losses due to decreasing patient volumes, increasing market saturation and lower reimbursement from payers.
Quorum is focused on refining its hospital portfolio, and MetroSouth Medical Center is among eight hospitals the company is trying to sell.
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