![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
Our local hospital
Aug. 28th, 2011 02:08 amjust filed for Chapter 11 bankruptcy protection!
Apparently they have been fighting some lawsuits from a few years ago and have not been able to reach an out of court settlement so they're trying to protect their assets.
It's not a great hospital in terms of quality of service, but it's the only one we have. Personally, if I needed a hospital and had any choice in the matter, we'd go to Las Cruces or El Paso. But they're going to continue normal operations while all this goes on. The sucky thing is they are the largest non-military, non-government (not to be redundant) employer in the county.
My wife had an interesting observation: you hear of doctors closing shop and clinics closing, and here obviously a hospital in trouble -- but you never hear of health plans folding. I might have heard of a health plan not making it, look at the mergers in pharmacy benefit providers, but it's not very often.
Apparently they have been fighting some lawsuits from a few years ago and have not been able to reach an out of court settlement so they're trying to protect their assets.
It's not a great hospital in terms of quality of service, but it's the only one we have. Personally, if I needed a hospital and had any choice in the matter, we'd go to Las Cruces or El Paso. But they're going to continue normal operations while all this goes on. The sucky thing is they are the largest non-military, non-government (not to be redundant) employer in the county.
My wife had an interesting observation: you hear of doctors closing shop and clinics closing, and here obviously a hospital in trouble -- but you never hear of health plans folding. I might have heard of a health plan not making it, look at the mergers in pharmacy benefit providers, but it's not very often.
