After years of financial hardship and a revolving door of leadership, things are looking up for South City Hospital, according to the St. Louis Post-Dispatch.
"Much needed additions" have been made to the hospital's physician pool, including an orthopedic surgeon and a gastrointestinal specialist, Michael Sarian, chair and CEO of Glendale, Calif.-based American Healthcare Systems, which took over operations of South City Hospital, told the publication.
The hospital, which turned a profit of more than $100,000 in August, is heading toward its fourth sale in as many years, according to the report.
South City Hospital has more than 600 employees and is looking to hire more.
American Healthcare Systems entered into an asset purchase agreement with the hospital a few months ago, but the sale is still in process, according to the report.