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Posted: Apr 2, 2014

But one million more than before are covered.  Woot!  Woot!

link

;

Perfect example of - sm

[ In Reply To ..]
having a president with no sense whatsoever of economics. In fact, no sense period! We are seeing just the beginning of what will be an epic disaster in this country caused by this colossal sham.

Long time losses--do more research - Unbelievable

[ In Reply To ..]
Based on the financial performance of Newman Regional Health during 2013 and the first two months of 2014, Newman is projected to lose $3.5 million from operations this year. Unfortunately, 2013’s loss continues the financial trend of the past several years at Newman.

The Board and Administration began the process of addressing these losses aggressively last year with the implementation of cardiac catheterization services, our application for Medicare Critical Access status, and the expansion of Newman Medical Partners to retain and attract more patients to our system.

from The Emporia Gazette.

this is a not-for-profit hospital with 53 beds - sm

[ In Reply To ..]
Centrally located within the city of Emporia, Newman Regional Health is a 53 bed general acute care hospital, which includes a 6 bed acute rehabilitation care center. Newman is a governmental entity operated on a not-for-profit basis. Newman Regional Health remains a local hospital; owned by the people of Lyon County and governed by a Board of Trustees made up of community leaders. Newman Regional Health is a teaching hospital and is home to the ESU Newman Division of Nursing.

The CEO makes $225,000; this does not include bonuses.

Sounds like a good thing to me. - sm

[ In Reply To ..]
If laying off 10 full-time and 5 part-time employees will save the hospital $1 million annually, it is a very wise decision and in the best interest of the facility and its patients. Time to cut the fat and stop charging outrageous fees to help pay for outrageous salaries.

Problem is, they probably won't cut salaries or charging outrageous fees - Truthhurts

[ In Reply To ..]
Once a cost/price is in place, it always goes up, rarely down.

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