Closing a Hospital Requires Careful Planning
Brian Buebel, Nick Zaccagnini
In spite of their increasing frequency, there are very few business decisions with the potential to create as many practical, political, and emotional issues as the closing of a hospital. The reasons are understandable: Hospitals hold strong emotional bonds for communities; generations of families are born there and are cared for throughout their lives in local hospitals. They also have significant economic impact in many communities, where they are often among the largest centers of direct and indirect employment.
The reasons for closing are numerous and well documented, but the precipitating problems generally fit into one of two categories. Read more for reasons hospitals close and to learn about the elements of a successful closing plan.Read More