Pacer Health Corporation

Acute care hospital operator reports turnaround of South Carolina hospital

Published in Healthcare Finance, Tax and Law Weekly, June 15th, 2005

Pacer Health Corporation (PHLH) reported that it has completed its $500,000 infusion to improve operational efficiency and patient care at South Cameron Memorial Hospital as part of the company's overall restructure of the hospital and its facilities.

Pacer Health assumed management and operation of South Cameron Memorial Hospital just over 1 year ago, when the hospital was in financial distress. Shortly thereafter, Pacer completed its acquisition of the 49-bed hospital, which consists of 25 acute care beds as well as 24 psychiatric beds and a separate medical outpatient center at its off-site campus in Calcasieu Oaks.

The acute care hospital located...

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Source: Healthcare Finance, Tax and Law Weekly (2005-06-15)

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