For a while things were looking great for Forest Park Medical Center, a fast-growing chain of “luxury,” physician-owned hospitals based in Dallas. Then, one by one, the wheels began coming off the concept, with lagging revenue, missed rent payments, internal management conflicts, and the bankruptcy of its outpost in Frisco. Then, just today, news came that the company’s “flagship” hospital in North Dallas may file for Chapter 11 bankruptcy, too. So, how come things went so south, so fast, for Forest Park? Many of the answers can be found in Senior Editor Matt Goodman’s cover story, “The Shocking Collapse of Dallas’ Go-Go Luxury Hospital Chain,” in the latest issue of D CEO magazine. Matt dug into the situation for months for this eye-opening article, which contains insider info you won’t find anywhere else.
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