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Monday, June 25, 2007

Grady Hospital on verge of collapse

A report to be released today will say that Grady Memorial Hospital in Atlanta will have to close, unless its' way of doing business is fixed, and new funding is found.

Grady is one of the few level-one trauma care centers in the state. A 17-member task force drew up the report. The group found that the financial situation of the facility is worse than originally thought. The report states that without a short-term fix, Grady will not be able to meet its' payroll by year's end. It warns that a closing of Grady would cause a flood of poor patients to other metro Atlanta hospitals.

Solutions offered include forming a private, non-profit corporation to run the hospital.

GPB News Team: