Shuttered California hospital draws $1M bid

http://www.beckershospitalreview.com/finance/shuttered-california-hospital-draws-1m-bid.html

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Colusa (Calif.) Regional Medical Center has been closed since April, but the hospital has received a takeover offer that may allow it to reopen.

Sutter to close Alta Bates Summit Medical Center hospital in Berkeley in 2030

http://kron4.com/2016/07/05/video-alta-bates-summit-medical-center-hospital-in-berkeley-to-close-in-2030/

Alta Bates Summit Medical Center, the only hospital in Berkeley, has announced it will be closing in the year 2030. The hospital is not compliant with future statewide earthquake standards. The building would have to get retrofitted for seismic stability by 2030, but Sutter Health doesn’t want to deal with the renovation.

 

 

12 hospital closures so far in 2016

http://www.beckershospitalreview.com/finance/12-hospital-closures-so-far-in-2016-june22.html

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Hospitals across the nation face a myriad of financial challenges, including underpayments from Medicare and Medicaid and new reimbursement cuts.

These financial challenges, combined with other issues such as declining patient volumes, have caused more than 60 rural hospitals to close over the past five years.

Below are 12 hospitals closures reported so far this year.

Gardens Regional Hospital, which treated the poor and homeless, files for bankruptcy

http://www.healthcarefinancenews.com/news/gardens-regional-hospital-which-treated-poor-and-homeless-files-bankruptcy

The California hospital was cited last year for ‘patient dumping’ a homeless woman at Los Angeles area of Skid Row.

Sonoma West Medical Center defaults on millions in loans

http://www.pressdemocrat.com/news/5703288-181/sonoma-west-medical-center-defaults?artslide=0&utm_campaign=CHL%3A+Daily+Edition&utm_source=hs_email&utm_medium=email&utm_content=30339721&_hsenc=p2ANqtz-8muQhHSjkzA1SCZi0cVywz8f5avHb4TiGVPAM1UgeeSVGTkKJI2phrE3wbtytYKvxH4ORZvG0-bNDF6tp-o2jLgZKoAQ&_hsmi=30339721

Sonoma West Medical Center confirmed Monday it has defaulted on millions of dollars in loans made to the struggling Sebastopol hospital by its two primary benefactors, raising further questions about its financial viability.

The treasurer for the hospital’s board of directors issued a letter last week warning that Sonoma West could be forced to close without an infusion of money. The warning, however, was questioned Monday night by the board of directors at the Palm Drive Health Care District, which provides financial support to the medical center.

Last-ditch effort to save California hospital fails

http://www.beckershospitalreview.com/finance/last-ditch-effort-to-save-california-hospital-fails.html

Saddleback Memorial Hospital

MemorialCare, the hospital’s parent system, explored other options before deciding to shut down the facility. In August 2014, MemorialCare announced plans to convert the 73-bed hospital into an outpatient medical campus. The system worked with state lawmakers on legislation that would have allowed a satellite emergency department at the outpatient campus in San Clemente. However, the legislation failed in January. The following week, the San Clemente City Council voted to rezone the San Clemente campus property to require hospital services.

California hospital to close after restructuring plan fails

http://www.beckershospitalreview.com/finance/california-hospital-to-close-after-restructuring-plan-fails.html

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