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A Turnaround Story: Southwest Health System

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 created to turn around the hospital, and the final results to date.

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...


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Lessons for Leaders of Distressed Hospitals

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, 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...


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ContinueCARE Hospital at Baptist Health Corbin Recognized for Excellence

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,...


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Community Hospital Corporation Named Great Place to Work

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.

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News Room

The Future of Rural Hospitals

How to remain relevant and sustainable by meeting challenges with change by Jim Kendrick, President & CEO, Community Hospital Corporation

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...


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Hospital Financial Stress Indicators

Like dashboard warning lights, certain signs mean it’s time for a tune-up or overhaul by Jim Kendrick, President & CEO, Community Hospital Corporation

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 distress. By monitoring indicators, creating transparency and responding swiftly to warning signals, financially stressed or distressed hospitals can get turned around before bankruptcy or closure become imminent threats. In this interview, Jim Kendrick, president and CEO of...


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North Texas Medical Center selects Simple Interact for Front Office Automation

DALLAS, April 23, 2019 /PRNewswire-PRWeb/ — North Texas Medical Center (NTMC) is working to improve the experience of all patients. A major step is NTMC’s selection of Simple Interact and its complete suite of Front Office Automation services which are designated to enhance several aspects of a patient’s experience.

Read the full PR Newswire article, Apr. 23,...


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News Room

Hospital Financial Stress Indicators

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 distress. By monitoring indicators, creating transparency and responding swiftly to warning signals, financially stressed or distressed hospitals can get turned around before bankruptcy or closure become imminent threats. In this interview, Jim Kendrick, president and CEO of Community Hospital Corporation, discusses best practices for diagnosis and prevention of financial woes. His insights come from years of experience as a community...


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7 latest hospital, health system CEO moves

Becker’s Hospital Review reported the following hospital and health system CEO moves in the last week.

The moves are listed below, in alphabetical order.

1. Baton Rouge, La.-based Woman’s Hospital selected Robert Burgess to serve as interim CEO, effective immediately.

2. Albuquerque, N.M.-based Lovelace Health System named Buddy Daniels CEO of Lovelace Regional Hospital in Roswell, N.M., effective April 29.

3. Jay Kreuzer, CEO of Honolulu-based Hawaii Health Systems Corporation’s West Hawaii Region and of Kona Community Hospital in Kealakekua, Hawaii, is retiring, effective at the end of the year.

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Southwest Memorial financial recovery is on track

‘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 citizens and hospital staff attended the quarterly joint board meeting between the Montezuma County Hospital District and Southwest Health System, the nonprofit corporation that operates the hospital.

Southwest Health CEO Tony Sudduth presented a financial update on the encouraging results of an aggressive recovery effort that began after the public was notified in May that the hospital was in danger...


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