The 61-bed hospital’s emergency services will be consolidated with services at Tift Regional Medical Center in Tifton. Tift Regional Medical Center is about 27 miles away from Cook Medical Center.
Chris Dorman, senior vice president and COO of Tift Regional Health System, said Cook Medical Center has incurred annual losses of about $2.6 million since 2012. He said the ER has been the main contributor to the hospital’s financial troubles.
Cook Medical Center CEO Michael Purvis said closing the ER helps ensure long-term sustainability of the hospital.
Since 2012, six rural hospitals in Georgia have closed.
More articles on healthcare finance:
Bon Secours’ operating income takes hit from ‘uncertainties of the presidential election’
Moody’s: Nonprofit hospitals will continue to tackle rising pension liabilities
OIG tags Ohio hospital for incorrect billing
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
