Here are five hospitals that filed for bankruptcy protection or closed since May 20.
1. North Georgia Medical Center in Ellijay closed June 6. A nearby hospital owned by Atlanta-based Piedmont Healthcare plans to reopen the facility's emergency department.
2. Gardens Regional Hospital and Medical Center, a 137-bed hospital in Los Angeles, filed for Chapter 11 bankruptcy. The hospital, which opened in 1997, serves mostly low-income people and is part of Los Angeles County's safety net.
3. Saddleback Memorial – San Clemente (Calif.) hospital closed May 30. The primary reason for the closure was dwindling patient volumes. On many days, there were less than 10 inpatients at the 73-bed hospital.
4. Dallas-based Forest Park Medical Center's campus in Fort Worth, Texas, closed May 24. Arlington-based Texas Health Resources purchased the hospital and plans to reopen it in late June or early July.
5. Mandeville, La.-based Progressive Acute Care filed for Chapter 11 bankruptcy for three of its Louisiana hospitals: Winn Parish Medical Center in Winnfield; Avoyelles Hospital in Marksville; and Oakdale (La.) Community Hospital. Progressive also filed for Chapter 7 bankruptcy for Dauterive Hospital in New Iberia, La., which closed in December.
More articles on healthcare finance:
4 Louisiana hospitals land in bankruptcy
This nonprofit aims to eliminate $1B in medical debt for the nation's poorest
5 healthcare CFOs in the headlines