Thursday, May 19, 2022 May 19, 2022
76° F Dallas, TX
Business

Trouble At Forest Park Medical Center: The Rest of the Story

Article provides context for collapse of physician-owned luxury-hospital chain.
By  |
Image

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, November2015DCEOCoverwith 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.

Related Articles

Image
Healthcare Fraud

Forest Park Co-founder Sentenced to More Than Five Years in Prison

Dr. Richard F. Toussaint Jr., who's already serving another federal sentence for a separate case, also ordered to pay $82.9 million.
Image
Healthcare Fraud

Forest Park Exec Sentenced to 76 Months in Federal Prison for Fraud

Semyon Nazarov played a role in two of the biggest healthcare fraud cases in Texas history.
Local News

Leading Off (12/25/20)

Merry Christmas from all of us to all of you. Be safe out there.