[Aces4]

Originally Posted by thelegges

My spouse worked in multiple hospital groups that filed for bankruptcy. Then sold during the process, to a different group.

All house employees (staff or physicians) that were a value to the next group were paid same rate during the sale. Those positions that were a negative lost, their contract and position prior to sale.

Each time employees were notified of the sale the same time as the public on the purchase.

Within a year total restructuring began, deleting positions, experienced physicians, PAs, NPs were the first to have contacts non renewal. In place newly graduated with less than 6 months from becoming board certified hired.

I know of 6 younger physicians withinTV health with multiple years of experience contract was not renewed end of 2024-2025.

Will there be immediate changes in the system once sale is completed, NO. Will change come within a year probably. Office groups (physicians and staff) will be reevaluated on productivity (how many patients per hour). Some will be replaced by employees already in the system to streamline cost.

That's one ugly picture and thought. Good thing this isn't a community that needs good health care at this point in their life, huh! 😜