From the Wall Street Journal Health Videos, which now has a reference on this site. This story examines what is happening to people when hospitals close, where do they go. In this story the hospital is closed by the company and they are building a new hospital, in another more affluent area...
Posted to
The Medical Quack .... by Barbara Duck
on 10-17-2008
Filed under: Medically Related, Insurance, Other Items of Interest, healthcare, Hospitals, Insolvency, Closing hospitals, Ascension Healthcare, elderly, Poor
We just had the same happen not too long ago here the Los Angeles area, Century City, right on the outskirts of Beverly Hills that could not come up with buyer and had to close down at the end of August. Hospitals even the affluent areas are not even safe. Lincoln Park Hospital may be in...
Posted to
The Medical Quack .... by Barbara Duck
on 10-09-2008
Filed under: Medically Related, Other Items of Interest, healthcare, Hospitals, Budgets, Insolvency, Desperate Hospitals, Finances
Modern Healthcare.com has also published an article about the status of affairs of many hospitals. To read further, click here to review the series I began last month called “ Desperate Hospitals” in where there are several updates and additional hospitals included. Also included is some...
Posted to
The Medical Quack .... by Barbara Duck
on 09-23-2008
Filed under: Medically Related, Other Items of Interest, My Commentaries, healthcare, Charity, Budgets, Insolvency, bankruptcy, Economics, Chapter 11, Desperate Hospitals
This story fits in with the series I have been posting about hospitals in need of financial assistance. Lucky thus far for this community, the issues passed and the hospitals will stay open, but for how long and hope there is enough in the till to keep them open. Read the full story at the...
More added to the list at various stages either with investigations, layoffs, some trying to figure out how to stay open next year. Some are already deep in debt while some are teetering on the fence post after budget cuts, in short all looking for money to survive and one home health care unit...
The numbers on charity care speak for themselves. In California there’s something similar going on too with hospitals being closed, perhaps not to the same tune as what is happening in New Jersey. Some hospitals have been saved by being purchased by a company like Prime Healthcare...