Woman's Medical Hospital, Philadelphia, pulled the plug on its operations after a six-month effort to stay afloat. Officials at the former Tenet Healthcare Corp. facility blamed low patient volume.
The decision came one day after officials reportedly asked employees to take voluntary pay cuts of 10%. The emergency room has effectively closed, although the hospital said workers would remain on site until Saturday.
Tenet acquired the hospital after the bankruptcy of Allegheny Health, Education and Research Foundation and announced plans to close the facility in December 2003. State officials stepped in, and Tenet ultimately turned the hospital over to physicians and staff members. State economic development grants and advances on medical-assistance payments did not solve the hospital's troubles.
"Unfortunately, with the hospital's current level of patient activity, the state had no further ability to offer (medical-assistance) advances to the hospital," Gov. Edward Rendell said in a news release. Rendell said the campus' future hopefully would involve a healthcare-related venture and the state would be involved in the planning.