Closures / Asset and Service Disposition
An orderly closure of a service line is a natural part of a hospital's life cycle. There are regulatory requirements, human resource actions, and clinical logistics that are unique to closing down or transitioning a healthcare service or facility. An orderly transition can renew and energize your hospital team. However, a disorderly closure can be painful for employees, dangerous for patients, and can put the hospital at risk for compliance problems. Our team assists hospitals and other organizations with closures and service transitions, and we are familiar with the complex technical, management, and communication tasks required.
Our team has supported many hospitals through this process including the following situations:
Our team has supported many hospitals through this process including the following situations:
- Closure of an acute care hospital
- Closure of acute care services and emergency room and the transition of a hospital to non-acute services [i.e., skilled nursing facility (SNF) or psychiatry]
- Purchase of a hospital followed by closure and transition of patients and services to another facility within the buyer's system
- Purchase of hospital followed by closure of another hospital in the system
- Closure of pediatrics services
- Closure of psychiatric services
- Closure of emergency services
- Closure of clinic services and transition to a federally qualified health center (FQHC) or rural health clinic public/private partnership
