Struggling SD hospital faces insolvency
Wausau Daily Herald / Associated Press, March 5, 2012
The South Dakota governor's office is brokering a deal to keep the doors open at Bennett County Hospital, an isolated critical-care facility on the Nebraska border that has been plagued by financial problems. But hospital administrators say the deal won't fix the underlying problems that have pushed the Martin facility into insolvency. The problem is twofold, hospital CEO George Minder said: Medicaid reimbursements from the state have dropped in recent years, and Indian Health Services refuses to reimburse the hospital for most treatment of tribal members.
Most Viewed
Most Emailed
- $6.4B Henry Ford, Beaumont Merger Failed on Cultural Hurdles
- Don't Let Nurses Sink Your Bottom Line
- Hospitals Profit On Bloodstream Infections
- Fortunately, Angelina Jolie Isn't On Medicare
- Less Blood Testing for Some Surgeries Safe, Cost Effective
- Lower ED Margins Demand a Better Strategy
- How Chargemaster Data May Affect Hospital Revenue
- Primary Care Docs Average More Hospital Revenue Than Specialists
- House Lawmakers Grill CMS Over Health Exchange Navigators
- ED Physicians Key to Half of Hospital Admissions
