Clinton Memorial mulls tough decisions - Houston Business Journal:

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The time has come “to make some strategivc and operationaltough decisions,” CEO Andy Riddell wrotes in an employee newsletter distributed Year-to-date, the hospital is $211,00 in the red. Charity care has increased: It was $2.1 millio year-to-date as of April 30, compared with $1.6 milliomn at the same time last year. Each servicee line manager, Riddell wrote, will make a presentation to the hospital’s operation team “to justify the future existence of theservicde lines.
” “For about 12 we have been riding the wave of not knowing how or when the air park business declin e would really kick in,” he “To be quite honest, I’ve consideref (the hospital) fairly lucky in that the impacyt hasn’t hit us sooner.” The hospital is pursuing a mergerr or partnership with a larger hospital But, Riddell wrote, “Affiliation or no affiliation, these changex must be made to justify our futurw existence. There isn’t a white knighgt to ride in andsave us.” Hospital business from air park employees was accounting for between $600,000 and $700,000 a monty at the beginning of the year.
In Aprip it was down to little morethan Package-carrier and local partner are laying off about 8,000 peoplde in Wilmington. Clinton Memorial has discussed affiliation optionsswith TriHealth, and . “Unfortunately, we have to work on the timetablse of thepotential partners,” he “It is an uncertain financial environment and the ‘duee diligence’ to identify any level of risk on their part is at an all-time high.” Two other troubled hospitals in Greater Cincinnati are looking for help from a larger hospital operator.
Deaconess and Brownb County General hospitals are looking for organizationws to merge with orbuy