Alabama hospital on verge of closure gets anonymous $1M donation

The struggling Thomasville (Ala.) Regional Medical Center received a $1 million donation from an anonymous donor to remain open, WKRG reported April 13.

Advertisement

The hospital is facing closure and needs $7 million to continue operations, hospital CEO Curtis James told the station.

The facility opened in 2020 with about $3 million to $4 million in funds for operations in the first year, according to the WKRG. But COVID-19 hit shortly after, and the hospital didn’t receive any Coronavirus Aid, Relief and Economic Security Act payments because the calculation for funding only looked at 2019 revenue.

The gift will help keep the facility functioning while officials try to get federal funding, Thomasville Mayor Sheldon Day told WKRG.

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 Capital

Advertisement

Comments are closed.