Florence Community Healthcare in Arizona Closes

Florence (Ariz.) Community Healthcare, owned by hospital management company Initiatives Healthcare, closed Monday after less than two years of operation, according to a Florence Reminder & Blade-Tribune report.

The closure was due in large part to financial struggles. Gary Faulkner, the hospital CEO, said the hospital opened in a bad economy, "and we were under-capitalized," according to the report.

The hospital had a daily average of 15 to 30 emergency department patients and 15 inpatients and employed approximately 160 people.

Florence (Ariz.) Hospital at Anthem, which opened in March, remains open and is "here for the long term," hospital founder Tim Johns, MD, said in the report.

More Articles on Hospital Closures:

Texas' Christus Santa Rosa to Close City Centre Hospital, Cut 400 Employees
Unable to Find a Partner, Scott County Hospital in Tennessee to Close Next Week

Spring Branch Medical Center in Texas to Close May 1

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.