Tuesday, 18 June 2019
Login |  Register 
 
Find Products or Services in your local community
 
MSC News National Headlines U.S Health Tech Talk World Business Sports Top Headlines
Hiawatha Hospital taking steps to improve finances
01/10/2019

(KNZA)--Hiawatha Community Hospital has implemented a number of cost cutting measures in an attempt to bring the hospital back into financial security.

For the past several years the hospital has been operating in the red due in part to mandates related to the Affordable Care Act and Medicare reimbursement cuts.  

Hospital CEO Jeff Shelton says monthly operating expenses have been averaging $2.2 million, with current monthly revenues between $1.8 and $1.9 million. The hospital experienced operational losses of more than $7 million from 2014-2017.  

As of January 6, the hospital implemented a little more than one million dollars in cost cutting measures—including a mandatory two percent base wage reduction for all employees and reduction in employee fringe benefits.

The hospital is also looking at other ways to cut costs and increase revenue.

Shelton other hospital officials will be meeting with the Brown County Commission and Hiawatha City Commission in the coming weeks to discuss possible financial assistance.

© Many Signals Communications
You will need to be logged in to leave a comment.
Please Login

characters left

The posting of advertisements, profanity, or personal attacks is prohibited.
Click here to review our Terms of Use.



MOST VIEWED STORIES
Three hurt in 3 vehicle Nemaha Co wreck
Hiawatha woman arrested after crashing into building
Missing Horton teen disappeared Thursday
Friday wreck injures one
One injured in Saturday Atchison Co wreck
Brown Co emergency management director fired
Woman sentenced in 2017 fatal Jackson Co crash
New Horton High School principal hired
Plea entered in lake shooting death
Plea entered in fatal ATV crash
Click Here For All Stories

LATEST STORIES
Kansas State University study looks at pain relief for piglets from medicated mother's milk
Discover nature this summer during frogging season
Brown Co emergency management director fired
Pawnee City FFA project approved
Work progressing on Stone Street in Falls City
Three hurt in 3 vehicle Nemaha Co wreck
Pollinators Needed for Healthy, Biodiverse Ecosystems
Jackson Heights sets 8th Honor Flight
Plea entered in fatal ATV crash
One injured in Saturday Atchison Co wreck
Click Here For All Stories

©2019 MSC News
Hiawatha, Ks 66434
EEO Public Report
KNZA - KLZA - KMZA - KTNC - KAIR
Powered by Radio Media Group
108.162.241.28