6 NY hospitals, in life-or-death fiscal straits, look at collaboration
Six Northern New York hospitals are in a financial crisis, and several may need to consolidate services to survive. But to do so will require communities to be willing to lose some of their hospitals' identity, staff and services. The struggling facilities are facing declining federal reimbursement rates, rising pension costs and service deficiencies, among other issues. "Do I see in the future a more regional approach? Yes," said Denise K. Young, executive director of the Fort Drum Regional Health Planning Organization. "Does everyone need a billing department and all these separate things to run them? I think not."
- Will More Pioneer ACOs Defect?
- Charity HealthCare Conundrum Brewing Among Providers
- Interventional Radiology No Longer a Sub-Specialty
- MU Final Rule Disappoints Some CIOs
- Evidence-Based Practice and Nursing Research: Avoiding Confusion
- NFP Hospitals' Revenue Growth at 'All-Time Low'
- CNO Leads $1M Charge for New Scrubs, Uniforms
- Acute Kidney Injury Gets New Focus
- mHealth Tackles Readmissions
- Transforming Cancer Care