In a May 17 Facebook post, the hospital said, “We are pursuing all avenues to restore operations and keep services available in the community.”
In January, the hospital’s CEO, Roy Davis, said Community Memorial needed $5 million to return to normal after a series of financial challenges. Mr. Davis said he would meet with U.S. congressional representatives and offices overseeing Medicare, Medicaid and health services in Washington, D.C., on Jan. 18 to inquire about assistance.
The financial difficulties stemmed from an electronic medical records conversion, according to ABC affiliate WANE reported May 17. The 2021 conversion caused Community Memorial to lose six months of revenue The hospital is also recovering from $25 million in loss due to participating in a commercial lab fraud that hurt its representation and billing abilities.
Becker’s has reached out for comment and will update this story if more information becomes available.
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
