Financial Smack-Down Led To Hospital Closure

After failing to finance the deal by a group of doctors, the North Oakland Medical Centers, one of the Oakland County’s oldest hospital, closed on Tuesday.

While speaking on this, John Graham, NOMC president and CEO, said, “We are very grateful for their devotion and we deeply regret that we have been forced to implement plans for closure, but we are committed to providing quality patient care and safety during this transition."

The hospital had already stopped admitting the new patients late last week, while the emergency center was closed on Tuesday morning.

While giving this information at a press conference, Mike DeRubeis, the hospital's chief financial officer, informed that the hospital authorities had discharged or transferred nearly 64 patients to other hospitals last week. All the ambulances were redirected to the other area hospitals.

The County hospital fell into deep debt by providing medical care to patients who couldn't afford to pay.

With declining money, the hospital was unable to bring up to date its medical technology, lashing away revenue-generating dealings.

Nearly 800 employees of the hospital are affected by the closure of this hospital.

The hospital, which opened in 1910, served patients in the Pontiac, Waterford and Clarkston area.