Nassau County Hospital Seeks Another Round of Turnaround Advice
Jul 14 2021, 1:44 AM
July 13 2021, 11:18 PM
July 14 2021, 1:44 AM
(Bloomberg) A Long Island hospital that treats some of the areaâs most vulnerable residents is seeking another round of turnaround advice after an earlier recommendation to shut its inpatient unit and sell its nursing facility.
(Bloomberg) A Long Island hospital that treats some of the areaâs most vulnerable residents is seeking another round of turnaround advice after an earlier recommendation to shut its inpatient unit and sell its nursing facility.
Nassau Health Care Corp. this month issued a request for advisers to help boost revenues and performance at the 530-bed Nassau University Medical Center and its 589-bed skilled nursing facility.
Nassau County Hospital Seeks Another Round of Turnaround Advice
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Hospitals nationwide showed a modest but solid uptick in operating margins in April, according to the latest report from hospital and higher education consultancy firm Kaufman Hall. Although March was when hospitals first achieved positive margins even without federal assistance, April s data affirmed an upward trend.
The Chicago-based firm last week released its National Hospital Flash Report Summary: May 2021, a report on hospital performance across the country. It reviewed April s financial data for over 900 hospitals nationwide, including margins, patient volume, revenue, expenses and other nonoperating data.