Temple Community Hospital in Los Angeles closed its doors, citing low revenue, increasing costs of maintaining its aging building and the large pending expense of retrofitting the hospital to meet state earthquake safety requirements, according to an article on the Los Angeles Times website.
The hospital faced an estimated $50 million expense to meet earthquake safety requirements. According to the article, it spent years negotiating for extensions to make the improvements.
"The seismic upgrading requirements contributed to our analysis of the long-term financial sustainability of the hospital, but was only one of many factors that led to our decision," Mark Apodaca, the hospital's assistant administrator, said in the article.
A 'Superbug' Is on the Rise in Hospitals
The Next Generation of Security Tech in Healthcare Facilities
Encompass Health Rehabilitation Hospital of St. Petersburg Opens
Why More Facilities are Adding Gender Neutral Restrooms
Massachusetts Hospital Cyberattack Reflects Growing Vulnerability in Healthcare Systems