Becker's Healthcare May 15, 2024
The Louisiana Department of Health has restored the CMS status of West Monroe, La.-based Glenwood Regional Medical Center, part of financially troubled Dallas-based Steward Health Care, and deemed it in compliance with the state DOH’s relevant requirements.
Both the state DOH and CMS conducted a period of regulatory review on Glenwood Regional, which found the hospital’s compliance plans addressed the previously noted issues, according to a Steward May 14 news release.
The CMS status restoration comes after the 278-bed critical access hospital had been placed on immediate jeopardy status three times across 120 days due to financial distress, KNOE reported April 11.
Its parent company Steward also recently filed for Chapter 11 bankruptcy...
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