The consultants were brought in between 2020 and 2023. The proposed merger fell through in February due to changing financial circumstances.
One of the consultants projected Crouse’s annual losses could hit $45 million by 2026 if it continues to operate independently, the report said.
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.