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Many struggling rural hospitals would like to add new services that could boost their bottom lines but their decades-old buildings are keeping them from it.
Rural hospitals don’t have the resources of larger hospitals, particularly those in hospital chains, to fund billion-dollar expansions.
Kevin Stansbury, the CEO of Lincoln Community Hospital in the 800-person town of Hugo, Colorado, is facing a classic Catch-22: He could boost his rural hospital’s revenues by offering hip
Kevin Stansbury, the CEO of Lincoln Community Hospital in the 800-person town of Hugo, Colorado, is facing a classic Catch-22: He could boost his rural hospital’s revenues by offering hip
Small, community hospitals face challenges in paying for the capital improvement projects they need to stay open.