Indiana News

New Albany Hospital Considers All Options to Ensure Survival

NEW ALBANY, Ind. (AP) _ Executives at Floyd Memorial Hospital say they plan to hire a consultant to consider options for securing the survival of the 236-bed facility in New Albany.
 
They say one of those options could be a merger or an affiliation with a larger hospital group. But Dr. Daniel Eichenberger, Floyd's interim CEO, said last week that the nonprofit, county-owned hospital isn't for sale.
 
The (Louisville) Courier-Journal reports that selling the hospital is the least favorable option, but officials say all options are now on the table.
 
In 2014, the hospital posted a $2.8 million loss. It was able to rebound this year due to an increase in volumes and cost cutting over the last two years.
 
Floyd Memorial Hospital employs 2,200 workers, including 100 doctors.

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