Professor Elam

I told you things were changing fast at Lancaster Hospital, no kidding, it closed today.

Patients were transported to other hospitals. The entire 300+ staff was let go.  I guess the metrics were more negative than we thought.  The hospital was owned by a private company.  The first link is to the WFAA report, the website is short and to the point,www.mclancaster.com.

I guess we will have the entire time to ourselves this Saturday in ACCT 5130. I doubt Jeremy will be there to talk about the obstetrics unit. Still this I suppose is an example of the metrics not measuring up to CVP of what a facility has to do.  Business changes quickly these days.

We study planning in the managerial class.  Lancaster had a Master Plan drawn that laid out a future Medical Beltway along Pleasant Run, the street that fronts the now shuttered hospital.  This is an economic blow with the lay off of employees.  In addition the doctors using the hospital will have to re locate with the patients to other facilities.