In June, Hawaii Medical Center filed for bankruptcy protection. A move that would allow Saint Francis Healthcare System to take back ownership.
Five months after the initial reorganization plan, St. Francis is stepping out – saying it’s learned that HMC’s total debts far exceed what St. Francis can afford. While HMC continues to search for a buyer, many have been concerned about the hospital’s future.
"Hawaii Medical Center has not decided to close its hospitals.
Our focus continues to be on securing a buyer for the hospitals. We are in discussions with potential buyers and continue to provide medical services to the community.
In the event we are unable to find a new buyer, Hawaii Medical Center will take the necessary steps to ensure an orderly wind down and the safe transfer of patients to other medical facilities on the island. However, there is no definitive timeline for action at this time.
Our hospitals in Liliha and ‘Ewa remain open for business. We thank everyone in the community who has shown support for Hawaii Medical Center."
HMC has 990 employees, with 240 beds at HMC East and 102 beds at HMC West.
Hawaii Medical Center issued the following statement Wednesday:
See the original article at: KHON2 Developing Stories
