Michigan Hospital aims to restructure or sell
Doctors' Hospital of Michigan in Pontiac is reassuring employees it doesn't intend to close after it warned the state early this month that it could shutter or lay off a significant portion of its 690 employees if it can't restructure or sell the hospital.
The full-service acute care hospital is "engaged in serious efforts to restructure its organization and/or sell its facility," and "the entire Doctors' Hospital of Michigan may be closed on a permanent basis or may have a mass layoff" as early as Jan. 3, President and Chief Executive Officer Clarence Sevillian said in a Nov. 4 letter to the state.
A spokeswoman for Doctors' Hospital said it was required by law to notify workers and the state of a possible ownership change or layoff that affected 50 or more employees.
- As Medicare Advantage Cuts Loom, Disagreement Over Program's Stability
- Centralizing the Revenue Cycle Protects the Bottom Line
- CA Fines 8 Hospitals for Medical Errors
- Medicare Advantage Carriers See 'No Choice' But to Accept Cuts
- Doctors Feel Pressure to Accept Risk-based Reimbursement
- Physicians to Appeal 'Docs v. Glocks' Ruling in FL
- Surgical Checklists Unused in 10% of Hospitals, CMS Data Shows
- A Fresh Look at End-of-Life Care
- Employers Weigh Risks, Benefits of Private Exchanges
- Heart Attack Patient Costs Skyrocket Beyond 30 Days