Why Walnut Hill Medical Center Went Belly Up

When physician-invested Walnut Hill Medical Center opened a few years ago in Dallas, it was among the nation’s most upscale hospitals. Think chef-cooked meals, private rooms for its patients, and state-of-the-art medical technology for its doctors. And the $100 million, 100-bed facility in a renovated, eight-story, 1980s-era building at the corner of Greenville and Walnut Hill had ambitious plans to attract a steady stream of patients. But then, just three years after opening for business, Walnut Hill unceremoniously declared bankruptcy. So, how—and why—did it happen? In this story in the November issue of D CEO magazine, healthcare writer Olivia Nguyen has some answers.

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