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Laser Spine Institute’s Tampa headquarters at 5332 Avion Park Drive. Laser Spine Institute’s Tampa headquarters at 5332 Avion Park Drive.

TAMPA, FL—Laser Spine Institute has ceased operations, turning out the lights at its corporate headquarters here, as well as at other surgical facilities in Ohio, Arizona and Missouri.

The firm announced on Friday that despite initiatives that garnered significant cost savings over the past six months that allowed it to achieve what it termed as an “operational turnaround,” it could not secure the necessary financing to file for Chapter 11 bankruptcy protection that would have allowed it to continue operations. The cost savings activities undertaken in the last six months included the closure of three surgical centers.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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