Leaders of ailing hospitals usually realize there’s room for improvement but often don’t recognize the severity of their situation until it’s too late. It is often external stakeholders or bondholders...
Many hospitals come to Community Hospital Corporation (CHC) in critical condition. Others come to optimize their health. Great Plains Health (GPHealth) in North Platte, Nebraska, is...
Community Hospital in McCook, Nebraska, previously purchased its supplies and services from a nationwide hospital network. As part of the network’s supply contracting company and group purchasing organization...
When it comes to receiving payment for services rendered, hospitals are squeezed from two directions. First, declining reimbursement rates mean hospitals collect only a fraction of what...
Ever-expanding in complexity, cost reports influence current and future reimbursement levels for your hospital. Think of a cost report as an annual report with numbers instead of words. Far-reaching in...
In a recent blog posting, Community Hospital Corporation’s Jill Bayless, discusses how to improve financial performance by optimizing staffing and productivity.
Read the full article.
PINEVILLE, Ky. — Stace Holland started hunting for ways to slash unnecessary costs the minute he took over an endangered rural hospital that was losing $6 million a year. It...
