How a rural Idaho hospital is tackling its community and financial objectives

Valor Health in Emmett, Idaho, is facing its financial headwinds as a rural hospital with a focus on what its community needs most, The Emmett Messenger Index reported March 21.

Advertisement

A key part of its plan is an upcoming expansion of its primary care facilities in Emmett.

“We are addressing the challenging times rural hospitals/health systems are finding themselves in,” Valor Health CEO Brad Turpen told the Messenger Index. “Addressing the community’s need for primary care and strengthening our foundation of financial sustainability is core to our five-year strategic plan.”

The rural hospital is also benefiting from its nonprofit status, which provided a community benefit of more than $1.5 million yearly along with more than $6 million in wages.

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.

Download Whitepaper

The cost-saving opportunity most health systems overlook

Many hospitals and health systems scrutinize staffing, service lines, and payer contracts for savings. Fewer look at one of their largest assets: real estate.…

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.