Orlando Health plans to shut down a recently purchased Brevard County hospital, eliminating more than 900 jobs, because it said the facility is in poor condition and upgrading it is not cost effective. The announcement is an unexpected move in Orlando Health's expansion drive, with an uncertain but likely significant impact on the region's hospital market, since it will take years to replace the facility. The hospital system said it plans to build a new hospital in Brevard and to offer the 940 employees now working at Rockledge Hospital positions at other Orlando Health facilities. The hospital and four outpatient centers will close April 22.
Mount Sinai’s plans to shut down Beth Israel Hospital have stalled again. A New York appellate judge on Friday issued a new temporary stay blocking the move, just days after a state Supreme Court judge dismissed a lawsuit challenging the Manhattan hospital's long-delayed closure. Mount Sinai announced shortly after Monday's dismissal that it would begin the process of shutting down Beth Israel immediately, with the goal of closing completely by March 26. But Friday's temporary ruling puts that closure date in doubt. Justice John Higgit put the stay in place pending a determination on the case by a panel of judges.
A Tampa hospital has announced plans to close, effective April 30. Kindred Hospital will shutter its location at 4555 S. Manhattan Ave. and lay off 143 workers. The nearly 150 employees are neither represented by a union nor are they eligible for transfer, reassignment or bumping rights. The Kindred Hospital Bay Area - Tampa is a 73-bed long-term acute care hospital.
When Mind Springs Health announced Monday that West Springs Hospital will permanently close on March 10, questions and concerns emerged from the community. From patients to former staff and law enforcement to hospital emergency departments, news that western Colorado's only psychiatric hospital will close left many scrambling to prepare for the fallout.
After years of negotiations over the proposed sale of three Connecticut hospitals owned by Prospect Medical Holdings to Yale New Haven Health, officials with Yale said Tuesday the deal appears "impossible." California-based Prospect, which owns hospitals in four states, filed for bankruptcy protection last month. In a statement Tuesday, a spokesperson for Yale said the health system continues to monitor Prospect's bankruptcy proceedings, but the company's "mismanagement" had all but ruined chances of inking the deal.
Elizabeth Holmes, the disgraced founder of Theranos, will remain in prison after losing a bid Monday to overturn her fraud conviction, with a federal appeals court saying she hadn't proved there were legal missteps during her trial for defrauding investors with false claims of what her blood-testing startup could achieve. The three-judge panel in San Francisco also upheld the fraud conviction of Holmes' former business partner and lover Ramesh "Sunny" Balwani — as well as a lower's court order for the two to pay $452 million in restitution.