Holy Cross Hospital to close Oakland Park, FL, facility

Fort Lauderdale, FL-based Holy Cross Hospital has announced it has completed its purchase of North Ridge Medical Center in nearby Oakland Park and planned to quickly shut down the money-losing facility. Data shows that North Ridge had been serving only 55 to 65 patients a day recently at its 332-bed facility. Florida records indicate that in 2006, North Ridge had a 26.4 percent occupancy rate. That year, it lost $37.6 million.