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Louisiana Heart Hospital Plans Bankruptcy, Closing Within Month

Submitted by jhartgen@abi.org on

The 134-bed Louisiana Heart Hospital near Lacombe, La., will close within a month due to rising operating costs and reduced reimbursements, hospital officials announced, NOLA.com reported yesterday. The privately owned hospital also plans to file for bankruptcy. Care for current inpatients will not be interrupted, the hospital said. "Despite strong quality rankings and recent volume growth, Louisiana Heart Hospital has faced significant financial challenges in recent years. Like many hospitals around the nation, we struggle to balance shrinking reimbursements with rising operating costs," said Scott Boudreaux, chief executive officer of Louisiana Heart Hospital & Medical Group. "After many months of careful consideration and review of all available options, it has become clear we can no longer sustain the continued losses and have no choice but to cease operations." Read more.

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