An Eastern Carolina hospital is closed and will file for bankruptcy, WITN.com reported. Quorum Health, which operates Martin General Hospital, said that it was forced to “suspend operations today and to file for bankruptcy.” The company has a lease with Martin County to operate the hospital until 2029. Quorum said that they proposed reverting the hospital back to the county, but according to a news release, Martin County “chose not to respond to our proposal.” The hospital says it has faced financial challenges due to a declining population and more people in the county going to other hospitals. It said in 2022, Martin General lost $13 million. Martin General said it reached out to eight organizations, including several local and regional health systems and none were willing to purchase or assume operation of the hospital. Martin County Commissioner Joe Ayers says that he was notified that the hospital diverted all EMS calls at 10 a.m. They are taking no new patients at this time, Ayers said. Read more..
The financially troubled healthcare sector will be the focus of the ABI Healthcare Program, September 18-19, 2023, in Nashville, Tenn. For more information and to register, click here.
