Formerly bankrupt California hospital on path toward financial stability

After declaring bankruptcy and being bought out by the Pajaro Valley (Calif.) Health Care District, Watsonville Community Hospital is looking to achieve a positive monthly bottom line by the third or fourth quarter of this year, the Santa Cruz Sentinel reported March 6.

The hospital is expecting $11 million in additional revenue through renegotiated contracts with insurance companies and expects $8 million in staffing efficiencies in 2023 after launching new staffing schedules.

However, some hospital nurses have condemned the hospital for moving part-time nurses to full time as a way to rely less on travel nurse labor.

Later this year, the hospital is planning to launch a new cardiac catheterization lab. 

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