Bankruptcy forces abrupt closure of Gilbert Hospital, Florence Hospital at Anthem
Lily Altavena, Arizona Republic Published 11:47 a.m. MT June 15, 2018 | Updated 6:03 p.m. MT June 15, 2018
Bankruptcy forced two Arizona hospitals to decide to abruptly shutter Friday: Gilbert Hospital and Florence Hospital at Anthem.
The two medical centers are owned by parent company New Vision Health LLC. After initially announcing that emergency rooms at the two hospitals would close Friday, company officials changed course. Gilbert Hospital's emergency room will stay open until 1 p.m. Saturday and the Florence ER will close 8 a.m. Monday. Anyone receiving care was to be transferred or discharged, according to company spokesman Alex Stevenson.
Plagued with financial problems
Creditors filed for involuntary Chapter 11 bankruptcy protection this spring, the second time they had faced bankruptcy in four years. A Maricopa County Superior Court judge on June 7 appointed to the case a receiver, who concluded that the financial problems "were simply too significant to overcome."
"I'd like to stress that patient care was never in jeopardy, but the ability to sustain the minimum level of operations was simply too great of a financial burden moving forward," Receiver Jeremiah Foster said in a released statement.
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