For many financially troubled healthcare organizations, 2014 has been a deciding year, with numerous organizations filing for bankruptcy protection this year.
Here is a list of the healthcare bankruptcies Becker's Hospital Review has covered this year, starting with the most recent.
1. C.W. Williams Community Health Center in Charlotte, N.C., decided to file for Chapter 11 bankruptcy in December.
2. Fort Oglethorpe, Ga. -based Hutcheson Medical Center announced in October that its board of directors had voted to file for Chapter 11 bankruptcy.
3. Monroe Hospital in Bloomington, Ind., filed for Chapter 11 bankruptcy in August and shared plans to sell off its assets.
4. In late May, Portsmouth, N.H.-based Specialty Hospitals of America filed for Chapter 11 bankruptcy and sold two of its hospitals in Washington, D.C., to investment firm Silver Point Capital, based in Greenwich, Conn.
5. Nicholas County Hospital, an 18-bed critical access hospital in Carlisle, Ky., filed for Chapter 7 bankruptcy and closed in May.
6. Palm Drive Hospital, a financially troubled facility in Sebastopol, Calif., closed its doors late in April after filing for Chapter 9 bankruptcy earlier that month.
7. Northern Berkshire Healthcare in North Adams, Mass., closed North Adams Regional Hospital, its home health facility and its three hospital-owned physician practices in March, and filed for Chapter 7 bankruptcy in early April.
8. In March, Natchez (Miss.) Regional Medical Center filed for Chapter 9 bankruptcy for the second time in the past five years.
9. Long Beach (N.Y.) Medical Center filed for Chapter 11 bankruptcy in February and sold all assets to South Nassau Communities Hospital in Oceanside, N.Y.
10. Gilbert (Ariz.) Hospital declared bankruptcy in February due to several lingering financial problems.
11. Casa Grande (Ariz.) Regional Medical Center filed for Chapter 11 bankruptcy in February, a maneuver executives said was needed to complete its sale to Phoenix-based Banner Health.