ContinueCARE Hospital at Baptist Health Corbin, a Long Term Acute Care Hospital (LTACH) located in Corbin, Kentucky, is proud to earn designation as a Respiratory Center of Excellence by the Center for Improvement in Healthcare Quality (CIHQ)—the first facility in the country to receive this specific CIHQ designation for respiratory therapy.
Read the full report in Becker’s Hospital Review, June 7,...
GUEST BLOG
By Anthony Sudduth, CEO, Southwest Health System
Last year, Southwest Health System (SHS), in Cortez, Colorado, found itself in the midst of a significant financial crisis. The hospital had violated bond covenants associated with a $32 million building project, failing to meet the 80 days cash-on-hand requirement for four consecutive quarters. This violation triggered technical default, which could have led to bankruptcy and closure. Instead, SHS acted swiftly and decisively, becoming not a cautionary tale but a comeback story and an inspiration.
The SHS turnaround is a bright...
When the Southwest Health System (SHS), in Cortez, Colorado, contacted Community Hospital Corporation (CHC) early in 2018, the hospital had violated various bond covenants associated with its $30 million expansion and renovation project. In fact, the organization had failed to meet the 80 days-cash-on-hand requirements for four consecutive quarters. This violation triggered technical default, which could have led to hospital bankruptcy
and closure.
Lenders concerned with the financial situation communicated with the board directly and required an outside consulting firm to evaluate the situation and develop a...
To what degree should boards be involved in the finances and operations of their hospitals? This is an important question, because effective hospital boards are clear on their roles and responsibilities. That role is hospital governance while management is the responsibility of the hospital leadership team. That means board members must focus on strategy and leave operations to hospital leadership. Yet, it’s not only appropriate but also imperative that board members understand the finances and operations of their hospital.
That means board members must discern the financial situation; education about...
Plano, TX (June 5, 2019) – ContinueCARE Hospital at Baptist Health Corbin, a Long Term Acute Care Hospital (LTACH) located in Corbin, Kentucky, is proud to earn designation as a Respiratory Center of Excellence by the Center for Improvement in Healthcare Quality (CIHQ)—the first facility in the country to receive this specific CIHQ designation for respiratory therapy.
“We are proud that our commitment to quality patient care has led to excellence and fulfillment of the highest CIHQ standards,” said Tommy Le, CEO, ContinueCARE Hospital at Baptist Health Corbin. Le’s leadership...
PLANO, Texas, May 30, 2019 /PRNewswire/ — For the fourth time, Community Hospital Corporation (CHC) has been named among the 150 Great Places to Work in Healthcare by Becker’s Hospital Review. CHC is honored by this recognition, announced May 21, 2019.
CHC also received this award in prior years 2015, 2016 and 2018.
Read the full coverage on PR Newswire, May 30, 2019.
...Plano, TX (May 29, 2019) – For the fourth time, Community Hospital Corporation (CHC) has been named among the 150 Great Places to Work in Healthcare by Becker’s Hospital Review. CHC is honored by this recognition, announced May 21, 2019.
CHC also received this award in prior years 2015, 2016 and 2018.
CHC extends congratulations to Great Plains Health, North Platte, Neb., a CHC Consulting community hospital client that also made the 2019 list.
See the full 2019 list.
“CHC is honored to be recognized as part of Becker’s prestigious...
At rural hospitals coast to coast, business practices that hospital leaders once counted on as tried-and-true are uncertain or unreliable. Today, a renaissance of fresh approaches and change is occurring. Since the landscape is so different for rural hospitals today, it’s time to consider innovative ways to serve communities. In this interview, Jim Kendrick, president and CEO of Community Hospital Corporation, urges rural hospital leaders to rethink community healthcare. His...
For years, community hospitals have been in crisis, with limited control over their situation. Could the next move be bold innovation? This white paper maps out possible paths forward including sustainable models of operation.
DOWNLOAD NOW >Charlotte Strong Stride Set for June 1
Charlotte, NC – May 16, 2019 – When tragedy hit at the University of North Carolina at Charlotte on April 30—a shooting resulting in two deaths and four others injured—it was close to home for Carolinas ContinueCARE Hospitals, in many ways.
“Heartbreak spread throughout the community and close to home,” said Jennifer Fair, Managed Care Specialist and Public Information Officer for Carolinas ContinueCARE Hospital at University. Her daughter is a UNC-Charlotte graduate. “The university is located right in the backyard of our hospital...
