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Hospital back on track

March 19, 2014

What a difference a couple of weeks cam make. The hospital had some money come in and can make payroll. The operating room has been brought up to spec and all deficiencies corrected. As soon as the state gives the word, the OR will be back in business.
How important is the operating room to the overall financial well being of the hospital? According to the CFO, the operating room brings in an average of $250,000.00 per month. The OR has been closed for 4 months. It was stated that this was the main reason for the $800,000.00 shortfall last year.
A major problem that the hospital has is ‘bad debt,’ which is money owed to the hospital. Should the hospital be tougher on bad debt? Do we need a case manager to spec

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