Questionable financial arrangements with former hospital executives were one factor in the descent of 193-bed Parkview Community Hospital and Medical Center, Riverside, Calif., from respect and profitability to bankruptcy and near closure, according to a new filing with U.S. Bankruptcy Court in Riverside. Shortly after the arrival of former Parkview President and CEO Norman Martin, the hospital contracted out management of several departments to companies controlled by Martin and other hospital officers, Parkview attorney David Hershorin said. Martin referred questions to his attorney, who could not be reached at deadline. Parkview has submitted its findings to authorities. It has since returned to profitability and hopes to emerge from bankruptcy in August. -- by Mark Taylor
Insider deals may have led to hospital's bankruptcy
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