To stem financial losses, Wheaton Franciscan Healthcare will close emergency and inpatient services at St. Michael Hospital, Milwaukee, no later than June 30. The 121-bed hospital is expected to lose $26.3 million in fiscal 2006, which ends June 30, on top of losses totaling $74.2 million between 2002 and 2005, a Wheaton news release said. "St. Michael's huge financial losses from declining volumes and increases in uninsured and underinsured patients are not sustainable." Wheaton-owned St. Joseph's Regional Medical Center, Milwaukee, will operate St. Michael's imaging, outpatient surgery and pain center, which will remain open. St. Michael's inpatient behavioral health will be moved to a newly created unit at Wheaton's third Milwaukee hospital, St. Francis Hospital. Wheaton will layoff about 69% of St. Michael's 722 employees. -- by Melanie Evans
Milwaukee hospital to close emergency, inpatient services
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