Mergers & Acquisitions:
Hospitals Shed Hospice, Home Care Units
Published on Fri Jun 26, 2015
Competition squeezes out non-specialists. It’s not all acquisitions and mergers, though. Rough market conditions are leading to some closures as well: • In Pennsylvania, Commonwealth Health, which runs Regional Hospital of Scranton and Wilkes-Barre General Hospital, will end its hospice services on June 30. “The volume of patients served has become so small that we cannot sustain the service,” the [...]