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Can Your Hospital Withstand a Cyberattack?

The healthcare industry is a top target for cyberattacks in general and ransomware in particular. As a result, cybersecurity has become an important topic for healthcare providers in urban and rural settings. This white paper discusses ways for community hospitals to improve cybersecurity.

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Healthcare Purchasing Challenges During the Coronavirus Pandemic

Recently, nearly every U.S. state experienced a coronavirus pandemic shutdown lasting several months. As a result, lucrative elective medical procedures stopped bringing in much-needed revenue for community hospitals and healthcare providers. In addition to losing substantial income, the pandemic triggered major disruptions to the global hospital supply chain. Smaller hospitals soon ran short on key medications, personal protective equipment (PPE) and standard medical supplies normally shipped from China. Smaller hospitals can overcome many healthcare purchasing challenges simply by partnering with a group purchasing organization like CHC Supply Trust. But there...


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News Room

CHC Launches Free Financial Dashboard To Monitor COVID-19 Funding And Costs

Community Hospital Corporation has launched a free downloadable financial dashboard for tracking and monitoring of COVID-related funding and costs.

The complimentary COVID-19 Financial Dashboard https://communityhospitalcorp.com/covid-19-financial-dashboard-landing/ , which CHC developed for its network of community hospitals, is an Excel file designed to help all community hospitals to manage cash flow and ensure that all COVID-related government funding opportunities are properly vetted and tracked in one place.

See the June 2020 coverage in Hospital & Healthcare...


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News Room

How to Gauge Your Hospital’s Financial Health

Some rural hospitals that were already struggling are now in serious financial trouble due to the coronavirus. The suspension of elective surgery and non-urgent care in most states led to an abrupt drop in patient volumes and hospital revenue. That loss, combined with the cost of preparing for COVID-19 protections for patients and employees, has forced rural hospitals into deeper distress. It’s especially important in these challenging circumstances to keep a close eye on key metrics that gauge a hospital’s financial health.

By monitoring indicators, creating transparency and responding swiftly...


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Blog

How to Gauge Your Hospital’s Financial Health

Some rural hospitals that were already struggling are now in serious financial trouble due to the coronavirus. The suspension of elective surgery and non urgent care in most states led to an abrupt drop in patient volumes and hospital revenue. That loss, combined with the cost of preparing for COVID-19 protections for patients and employees, has forced rural hospitals into deeper distress. It’s especially important in these challenging circumstances to keep a close eye on key metrics that gauge a hospital’s financial health. By monitoring indicators, creating transparency and responding...


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Videos

Rural Hospitals at Risk

The Value of Valify: an Interview with Jon Pruitt, SVP of Supply Chain at CHC


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Videos

Hospital Financial Distress Indicators

This one-minute video outlines financial warning signs that indicate financial trouble for your community hospital.


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Solutions

Operational Assessment: The First Step to Long-term Sustainability

Do you know where your hospital stands? Is it holding its own or barely holding on? CHC Consulting’s Operational Assessment determines your hospital’s status objectively and paves the path to performance enhancements and financial sustainability.

A Comprehensive Operational Assessment:

Includes a thorough review of operations Identifies strengths as well as areas for improvement Forms the basis for a performance enhancement plan with specific action steps

The Operational Assessment begins with an extensive review of data and documents, coupled with one-on-one interviews with individuals whose perceptions of the...


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Blog

Rethinking Medical Supply Chain Costs: Good to Great

Many rural hospitals today — health care providers whose mission is to serve their community’s health care needs — are apprehensive about their own financial health. Increasing expenses, decreasing reimbursement and declining patient populations as well as hospital admissions place these hospitals at risk, threatening financial viability.

Besides salaries, supplies are the second-highest expense for hospitals. By reducing those costs and better managing the medical supply chain, a hospital can move its savings margin from good to great.

Unlocking Medical Supply Chain Savings In Order To Support Mission-Critical Objectives

CHC...


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News Room

Innovative Companies Mend Coronavirus-Disrupted Supply Chain for Rural Hospitals

By Jon Pruitt, Senior Vice President, CHC Supply Trust

Since the coronavirus pandemic reached the country’s shores and rapidly spread inward, the nation’s smaller hospitals have struggled with a global supply chain strained by a once-in-a-century public health crisis.

But, thankfully, American ingenuity has been hard at work. Both large and small companies have found innovative ways to help rural hospitals faced with dwindling personal protection equipment (PPE) desperately needed to treat patients infected with the virus and other acute illnesses.

See the full article in HealthCare Business Today, May...


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