Written by: Elizabeth Earl
Source: Becker’s Hospital Review
The installation of telemedicine technology at Cochise Regional Hospital in Douglas, Ariz., has allowed the troubled hospital to turn its finances around. The hospital in Douglas, a rural town on the border of Arizona and Mexico, came under new management in the last year after the former management company, Southeast Arizona Medical Center, declared bankruptcy. The hospital had a high volume of non-reimbursed care, which only contributed to its struggling finances as a hospital with low volume having to convert to stronger federal regulations, according to the Sierra Vista Herald. People’s Choice Hospital, an Oak Brook, Ill.-based nonprofit organization that works with hospitals to reform their finances, picked up the rent for Cochise Regional Hospital and established the telemedicine connection with physicians and specialists in Chicago. The organization fine-tuned the organization’s executive leadership and then trimmed its expenses before implementing the technology, according to the report.
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