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Article: CHARTER SHEDDING 10% OF ITS OPERATIONS.(Brief Article)
- Article from:
- Modern Healthcare
- Article date:
- October 4, 1999
- Author:
CopyrightCOPYRIGHT 1999 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Charter Behavioral Health Systems is shedding 10% of its operations in a retooling. But its 79 hospitals keep it the clear leader among the nation's psychiatric hospital chains.
Less clear is whether additional closures for the Alpharetta, Ga.-based company are in the offing.
In a written statement, President and Chief Executive Officer Michael French said the closures are part of a plan to ``substantially redesign'' the company.
The decision to close four hospitals and consolidate five others in October comes only a few months after quality concerns prompted Charter to shut down inpatient operations at two hospitals and trim services at a ...