Earlier this month, CMS decided to revoke WMC’s “sole community provider” status, leaving the hospital to face reductions of $8 million in annual Medicare reimbursements. WMC received the reimbursements because it offered a full range of services regardless of their profitability.
In October, WMC started a program to cut out $11.7 million in costs in preparation of the potential loss of sole provider funds, according to the report. Ms. Diamond expects the hospital to streamline more operations, such as changing procedures for treating certain heart attack patients to eliminate unnecessary steps.
Related Articles on Wyoming Medical Center:
Wyoming Medical Center Loses “Sole Community Provider” Medicare Funding
Mountain View Regional Hospital in Wyoming Wants to Close ED
Whistleblower Accuses Wyoming Medical Center of Altering Records, False Claims
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