Carraway polyclinic closing doors after 100 years.

Physicians Medical Center Carraway is closing its doors after 100 years in business. The cash-strapped nursing home is closing its exigency activity today and is not attractive any budding patients, the live communicated in a written statement. The asylum will data for bankruptcy protection "to certify patient care and the mannerly shutdown of the facility," the statement said.

Hospital board is meeting with its employees and medical mace this morning to give them the news. "We are saddened by the misfortune of this action, but the sanitarium has exhausted all other measures to subdue the financial obstacles facing it," the board's present said. Board members met much of the weekend to consult on the hospital's fate. The hospital's host provided an difficulty cash infusion Oct. 9 to kind payroll the next day, after the clinic had teetered on the point of bankruptcy the entire week.

Earlier the dispensary had its credit line frozen. The advance was only enough to get the hospital through a few weeks to consult if there was a possible long-term fix. The facility employs about 1,000 workers. But Physicians Carraway, licensed for 617 beds and staffed for about 200 beds, has had about 100 or fewer hospitalized patients in latest weeks. L & B Realty, the hospital's Boniface of Dallas, Texas, fagged out stay week in Birmingham looking for a solution.

Getting some of Jefferson County's patients from Cooper Green Mercy Hospital was one privilege explored, but that was unpromising to be a liberal boost. A South Korean suite had expressed notice this summer in investing, but the the ready was too loath in coming. "In modern weeks, Physicians Medical Center Carraway has been pursuing inevitable crucial initiatives that would have allowed it to last in operation," the announcement said. "Unfortunately, fix and declining indefatigable volumes did not licence it to capitalize on these opportunities." This is the assign bankruptcy for the hospital.

Carraway Methodist Medical Center filed for bankruptcy in Sept. 2006. The aware owners, a collection of 52 limited doctors, bought it out of bankruptcy in Nov. 2006 with the conviction of increasing constant volumes through more referrals from the investors, most of whom were not practicing at Carraway at the time.

But the renewed owners didn't have much operating capital, the infirmary needed tens of millions in upgrades and the raise in patients wasn't big enough to put away the Norwood institution. "We hope to credit our dedicated employees, medical baton and the community for the many years they have supported the hospital," the committee said.

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