The physician-owned hospitals closing, ending services

Two physician-owned hospitals have announced plans to close campuses or end services in the last few months, citing labor costs, inflation and case volume declines. 

Here are the two hospitals: 

1. Port Arthur-based Medical Center of Southeast Texas, an affiliate of Dallas-based Steward Health Care, closed its campus in Beaumont on Feb. 2. 

The closure includes its emergency department and all hospital-related services, which will be relocated to the center's Port Arthur campus. 

2. West Lake Hills, Texas-based The Hospital at Westlake closed its emergency department in December, months after filing for bankruptcy.

The hospital filed for bankruptcy in an effort to manage debt that existed before the COVID-19 pandemic but has since been exacerbated by inflation, rising costs of labor, supplies and drugs and labor shortages.

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

 

Articles We Think You'll Like

 

Featured Webinars

Featured Whitepapers