Hawaii hospital at risk of closure as losses mount

Wahiawa (Hawaii) General Hospital, the largest employer in Central Oahu, is facing financial troubles and has reached out to the state for help, according to a KHON2 news report.

The hospital has recorded losses of $9 million over the last three years. The losses are largely attributable to reductions in government funding and lower inpatient admissions, according to the report.

Wahiawa General's board of directors spoke with Hawaii Rep. Marcus Oshiro (D-Wahiawa-Whitmore Village) about its financial problems. The board said if the hospital doesn't get financial help within the next six to nine months, it will face choices about whether to scale back services or close.

Rep. Oshiro is asking the state legislature and Gov. David Ige for about $6 million to save the hospital, according to the report.

More articles on healthcare finance:

Physicians who receive lots of pharma cash prescribe more brand-name drugs, study finds
Presence CEO says poor collections to blame for $186M operating loss
House Republicans unveil 2017 budget: 7 things for healthcare leaders to know

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

 

Articles We Think You'll Like

 

Featured Whitepapers

Featured Webinars