Bankruptcy Downey

Comments

1. Untied States Of Latina says:
   September 23, 2007 at 10:52 am

   What do you think Financial woes jeopardize area hospitals (Los Angeles) ?
   Nearly two dozen private hospitals in Los Angeles and Orange counties, accounting for up to 15% of beds in the region, are in dire financial straits and in danger of bankruptcy or closure, according to hospital administrators, industry experts and state data.

   The troublesome development follows the closure of community clinics and hospitals in recent years that has left the healthcare system seriously overburdened.

   If even a few other hospitals close or reduce costly critical-care services, it could mean longer ambulance rides to hospitals, additional delays in emergency rooms and less access to care, especially for poor and uninsured people.

   Among the hospitals in poor financial health, according to industry analysts, are Downey Regional Medical Center, Centinela Freeman Health System in Inglewood, Brotman Medical Center in Culver City, Century City Doctors Hospital and four Orange County hospitals owned by Santa Ana-based Integrated Healthcare Holdings Inc. including Chapman Medical Center in Orange and Western Medical Center in Santa Ana, one of three trauma centers in the county.

   In interviews, senior executives at Centinela and Downey said they were considering closing their emergency rooms. Downey’s chief operating officer, Rob Fuller, added that his hospital could close entirely as early as next year if its financial picture didn’t improve soon.

   http://www.latimes.com/news/local/la-fi-hospitals23sep23,0,1253335.story?coll=la-home-center
2. frane_pe says:
   November 9, 2008 at 6:46 pm

   are these stocks a good idea? TMA; DSL, FMD, ABK?
   i’m thinking about buying these stocks:
   AMBAC FINL GRP INC(NYSE: ABK)
   DOWNEY FINANCIAL CP(NYSE: DSL)
   FIRST MARBLEHEAD CP(NYSE: FMD)
   THORNBURG MTG INC(NYSE: TMA)

   are there any risks they go bankruptcy? i have experience with WaMu already. all stocks are still at less than $2
3. Anonymous says:
   February 10, 2012 at 12:32 am

   It’s happening all across the country. All because too many expect it to be total freebie care. As more and more are flooding in….more and more being born in unreal numbers…..and hospitals are forced to close in those areas…..where is it that they expect all the people to go when, if God forbid, their is a huge spread of disease or something. I know right now in our area it is basicly useless to plan for some pandemic because there aren’t even close to the amount of beds needed for the people that live here….forget the ones they haven’t gotten around to counting yet.

   If it’s anything like an article I read recently…..the first words out of their mouth will be “racist” if they aren’t catered to first. Or if they have to wait for an ambulance…….somehow that ends up being our fault too when they are the #1 reason for this problem and shortage and massive closings.
4. Anonymous says:
   February 10, 2012 at 12:32 am

   Id just invest in a mutual fund with low costs and no loads.

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