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Texas Long-Term Care Hospital To Close

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August 9, 2019

AMG Specialty Hospital, a long-term care hospital in San Antonio will close Aug. 16, according to the San Antonio Express-News.

The 30-bed hospital is shutting down roughly 14 months after it was acquired by Lafayette, La.-based AMG Integrated Healthcare Management. The company cited a decline in Medicare reimbursements as the reason for the closure, according to the report.

National Association of Long Term Hospitals President Lou Little told the San Antonio Express-News that the entire long-term care hospital sector is struggling. He said at least 50 long-term care hospitals in the U.S. have closed in the past two years.

Date: August 09, 2019

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Source: Becker’s Hospital Review

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