Did mismanagement or charity care cause Roseland Hospital's financial emergency?
Did Roseland Community Hospital wind up on the brink of closing last week because of the primarily poor population it serves? Or because of mismanaging their resources? Depends on who you ask. Roseland had said it was in danger of closing on Wednesday because it owed $7 million to pay off debt that was more than 90 days delinquent. But Gov. Quinn was able to give the safety-net hospital $350,000 to keep the doors of the financially strapped facility open. Sharon Thurman, a hospital vice president, has said the money will allow the hospital to meet its June 17 payroll, giving Quinn's number crunchers time to review the hospital's budget and come up with a long-term plan.
- Ebola: Health Officials Try to Quell Front Line Fears
- Reducing Readmissions Starts with Better Collaboration
- Ebola: A New Normal in Dallas
- Partners HealthCare M&A Deal Under Scrutiny
- Readmissions: No Quick Fix to Costly Hospital Challenge
- Health Literacy Month Gets a Boost from Payers
- 'Overtreatment' Debate Circles Back to Lung Cancer Screening
- Defensive Medicine Still Prevalent Despite Tort Reform
- Debate Over Consolidation's Effect On Cost Rages On
- How Top-Ranked MA Plans Earn Their Stars