Man (W.Va.) Appalachian Regional Hospital will close Dec. 31 in the wake of declining financial performance, the hospital's parent corporation said last week.
The 46-bed hospital lost about $3.6 million during the fiscal year ended June 30, said Administrator Erica McDonald, who said she couldn't provide total revenues figures.
The Nov. 1 announcement came after months of declining inpatient use, decreased federal reimbursements and losses from the hospital's home health agency. About $650,000 of the hospital's losses last year were from the home health business, McDonald said.
The hospital will close despite the possibility of a future sale to a community group that has expressed an interest in buying it, McDonald said.
The closure includes not only the hospital but its two hospital-based clinics, a physical therapy clinic and the home health agency.
Appalachian Regional Healthcare, the hospital's not-for-profit parent, is based in Lexington, Ky. It operates 10 hospitals: seven in Kentucky and three, including Man, in West Virginia.