Fulton County Hospital reduces expenses to improve finances
Fulton County Hospital has made reductions to expenses in order to bring the hospital into line with national health care best-practice standards and improve its revenue stream.
The Fulton County Hospital (FCH) Board of Directors approved the plan to reduce expenses at its November 28th meeting. Adjustments will include a workforce reduction of five employees and reduced hours for several others.
Interim Administrator Kim Thompson said staffing levels at FCH were analyzed and reductions were made based on national guidelines and recommendations.
"The changes were made with careful consideration to providing the staffing levels needed to best care for our patients and adhere to heath care best-practice standards," she said. "Although decisions such as this are painful to make, they are necessary in order to ensure FCH can continue its mission of providing care to the community."
Thompson said FCH and hospitals around the country are facing financial challenges as costs to provide health care increase and reimbursements decrease.
"FCH remains committed to providing the highest quality of care despite these challenges," Thompson said.
FCH is currently in an interim management agreement with Ozarks Medical Center (OMC). During the interim agreement, OMC is providing support at no cost to FCH while the two organizations work together to reach a longer-term agreement. Thompson is serving as Interim Administrator while the search for a new CEO is conducted