The move could threaten the sustainability of the hospital, which is estimated to have a $100 million operating deficit by 2014, according to the report.
The commissioners agreed that the hospital was struggling, but disagreed that converting to a non-profit with an independent governing board would save the facility. The proposal to convert the facility was advanced by FTI Healthcare, a consulting firm hired to study the hospital.
The commissioners have requested more information before making a decision.
Read the Las Vegas Journal-Review report on University Medical Center.
Read previous coverage on University Medical Center:
– Las Vegas’ Public Hospital Sees Major Federal Payment Cuts Under Health Reform
– Las Vegas Public Hospital May be Privatized
At Becker's 4th Annual CEO + CFO Roundtable, taking place November 2–5 in Chicago, more than 1,500 hospital and health system executives tackle decisions that determine whether organizations thrive or merely survive: protecting margins under cost pressure, choosing where to grow, renegotiating payer relationships, stabilizing the workforce and proving real ROI on technology. This is where leaders work through them together, face-to-face. Apply for complimentary registration now.
