Tenet closes 232-bed Phoenix hospital

Dallas-based Tenet Healthcare closed Abrazo Maryvale Campus, a 232-bed hospital in Phoenix, on Monday.

The hospital, which announced plans in October to shut down and ended inpatient care Dec. 1, closed primarily because of dwindling patient volumes.

"Over the past several years Abrazo Maryvale has experienced a significant decline in community demand for its services," Frank Molinaro, market CEO for Abrazo Community Health Network, told Becker's Hospital Review in October. "The Abrazo Community Health Network's top priority is delivering high-quality, cost-effective care to residents of the greater Phoenix area, and we are properly allocating our resources to meet our patients' and our communities' healthcare needs."

Officials said the closure of Abrazo Maryvale should not impact the community's access to care, as there are four acute care hospitals and 11 urgent care centers within the 6-mile area surrounding Abrazo Maryvale.

Most of the 300 employees affected by the closure will be transferred to other positions within Abrazo Community Health Network and its affiliated partners.

Although the hospital is closed, patients can still request their medical records, access the patient portal and pay their bills online.

Tenet, Abrazo Maryvale's parent company, is exploring a number of strategic options. The company ended the third quarter of this year with a net loss of $367 million on revenues of $4.59 billion. That's compared to the same period of 2016, when the company recorded a net loss of $8 million on revenues of $4.85 billion.

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