Aurora Health Care, parent organization of Aurora Sinai Medical Center, may convert the troubled Milwaukee hospital into an outpatient center to help assuage large financial losses and avoid a closure altogether, according to a Milwaukee Journal Sentinel report.
Aurora Sinai expects it will lose $30 million this year due to lower inpatient volumes and a poor payor mix.
Outpatient surgeries comprised about 57 percent of Aurora Sinai's surgical procedures in 2010, according to the report. Aurora Health Care has already moved some cardiac and neurology services out of Aurora Sinai.
Closing Aurora Sinai is still an option, and the hospital will make a decision on the hospital's future by the end of the year.
Aurora Sinai expects it will lose $30 million this year due to lower inpatient volumes and a poor payor mix.
Outpatient surgeries comprised about 57 percent of Aurora Sinai's surgical procedures in 2010, according to the report. Aurora Health Care has already moved some cardiac and neurology services out of Aurora Sinai.
Closing Aurora Sinai is still an option, and the hospital will make a decision on the hospital's future by the end of the year.
Related Articles on Hospital Finances:
Fitch: For-Profit Hospitals to Experience Weak Operating Trends in 2012
Capella Closes Hartselle Medical Center in Alabama
Health Management Expects 2011 4Q Revenue to Hit Nearly $1.6B