Becker's Healthcare October 29, 2024
Physician practices are increasingly closing amid financial hardships and market challenges.
Here’s why five physician practices closed this year:
1. Physician departures. TriHealth closed its Cincinnati-based clinic specializing in the treatment of fibromyalgia and Ehlers-Danlos syndrome after the departure of physician Jennifer Lobert, MD, according to a statement shared with Becker’s. The health system plans to transition to a new fibromyalgia and hypermobility care model on Nov. 27, ed by patients’ primary care physicians.
2. Economic challenges. MercyOne announced it would close a hospital in Primghar, Iowa, and consolidate some physician practices as part of its reorganization efforts amid economic challenges. MercyOne, which is owned by Livonia, Mich.-based Trinity Health, will consolidate the MercyOne Paulina Family Medicine and MercyOne Sutherland...
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