A recent blog post by Community Hospital Corporation (CHC) details the situation that caused Southwest Health System to reach out to CHC for assistance in early 2018, the plan they...
A recent guest blog by Community Hospital Corporation (CHC) featured tips for successful turnaround by Anthony Sudduth, CEO of Southwest Health System.
Last year, Southwest Health System (SHS), in Cortez,...
When 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...
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...
At rural hospitals coast to coast, business practices that hospital...
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 NowPLANO, Texas, May 7, 2019 /PRNewswire/ — Every dollar captured contributes favorably to the bottom line, especially important for rural hospitals facing thinning margins, declining profitability and higher fixed costs....
Unfortunately, thin margins have long been a...
Unfortunately, thin margins have long been a reality for most rural hospitals, but a worsening array of issues—from decreasing reimbursements to declining populations—have forced growing numbers of them into financial...
‘Not out of the woods’ yet, but progress being made
A financial recovery effort at Southwest Memorial Hospital is gaining momentum, officials said during a public forum Wednesday.
About 40...
