The hospital filed for Chapter 11 bankruptcy protection in Sept. 2009 because of financial losses, lawsuits and a poor payor mix, among other reasons. By adopting total quality management processes and a new business model that emphasizes quality of care and customer service orientation, however, the hospital has made significant improvements, including gaining cash reserves of $3 million.
Read the Downey Patriot report on Downey Regional Medical Center.
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Pennsylvania’s Lower Bucks Hospital Closer to Reemerging From Bankruptcy
