Vibra Hospital to Lay Off 120

Posted: Updated:
FORT WAYNE -

Pennsylvania-based Vibra Healthcare LLC has detailed plans to close its Vibra Hospital of Fort Wayne at the end of the month, resulting in the layoffs of 120 employees. In a statement to Inside INdiana Business, the company cites recent changes in healthcare reimbursement as the main reason for the closure.

The facility, which leased space at Parkview Hospital Randallia in Fort Wayne, is a long term acute care hospital. Vibra Healthcare says it has begun the wind-down process at the Fort Wayne facility, which will official close on January 31.

“We very much regret that we had to make this decision. It has not been an easy one," said Sean McCarthy, group division president. "The recent changes in healthcare reimbursement have made this hospital extremely difficult to maintain. We will do everything possible to minimize the impact on patients, their families and our dedicated employees."

McCarthy says Medicare is in the second year of a two-year phase-in of changes in reimbursement for long term acute care hospitals. He says the changes are producing a significant reduction in patient referrals and Medicare reimbursement.

The company says its other facility in Crown Point will remain open.

  • Perspectives

    • Take Time to Face Reality

      When is the last time that you as a business owner truly stopped for 30 minutes or an hour and truly took some quiet time to reflect on your business? Like most owners, it’s probably been quite some time. We all get busy doing things, working hard, taking care of customers, running the business. But if we don’t take some time each day, week, month or quarter to slow down, we are setting ourselves up for failure. Business leaders and owners need the time to slow down to...

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • (Image provided by the Capital Improvement Board.)

      Indy Alters Plans for Downtown Hotels

      The city of Indianapolis has announced plans to change the framework for a major project in downtown Indy that has sparked controversy. The $120 million project, announced in October 2018, calls for an expansion of the Indiana Convention Center and two new hotels at Pan Am Plaza, which would add about 1,400 rooms. The project has drawn criticism from a group of hoteliers, who have expressed concern of a potential oversaturation in downtown Indy. Indianapolis Mayor Joe Hogsett issued...

    • (Photo Courtesy: Roche Diagnostics)

      Roche VP on List of Influential Women Executives

      An executive with Roche Diagnostics has joined an exclusive list of prominent and influential women, including Oprah Winfrey and Serena Williams.  Cindy Carlisle, Vice President of Human Resources at Roche Indy, was named to Savoy Magazine’s 2019 Most Influential Women in Corporate America. 

    • Shelly Timmons

      IU Health Names New Leader of Neurosurgery

      The Indiana University School of Medicine and IU Health Physicians have named Shelly Timmons to lead the department of neurosurgery. She previously served at Penn State Health Milton S. Hershey Medical Center as vice chair for administration in the department of neurosurgery and director of neurotrauma.  

    • Bank of America Merrill Lynch Adds Mar

      Bank of America Merrill Lynch has named Lucia Mar as senior vice president and the newly created position of Indiana market executive for Global Commercial Banking. She most recently served as market manager for the Greater Tennessee market in business banking. Prior to becoming a market manager, Mar was a senior relationship manager with the healthcare and institutions team.

    • (photo courtesy of Drink Culture)

      Hosts Turn Podcast Into Business

      It's easy to find podcasts on nearly any topic these days, however the creators behind one Indianapolis-based podcast have found a way to turn their hobby into a viable business. The Drink Culture Podcast, which spotlights entrepreneurs, though leaders and creators in Indy, is celebrating a special declaration by the city.