The move is part of Forest Park’s merger with 78-bed St. Alexius Hospital, also in St. Louis. Both hospitals belong to Florida-based Success Healthcare.
Forest Park, which has a low census and many creditors, will lay off more than 300 of its 400 employees and close most services, leaving only the ED, a small pharmacy, a lab, a few overnight beds and plenty of healthcare space to lease.
Cuts in the state’s hospital reimbursements, effective last month, would have reduced payments for the two hospitals by $24 million in the next two years.
Read the Post-Dispatch’s report on Forest Park Hospital.
