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| Tim Ford |
George Lamb, chair of the SMCS Board of Directors, said the board is fully engaged and will be working with interim leadership to immediately address and stabilize financial and operational issues for both organizations.
“This is an important time as we take a closer look at our health system’s operations and long-term needs to ensure we are positioned to serve the community well into the future. A new leadership team will provide stability and a fresh perspective as we continue this process,” said Lamb. “We are grateful for Tim’s leadership and contributions over the past five years.”
Earlier this fall, SMCS engaged Quorum Health Resources (QHR), the nation’s largest health care professional services company for non-urban hospitals and health systems, to conduct an evaluation of the organizations’ operations, finances and strategic direction. QHR also will assist SMCS in recruiting an interim CEO and CFO.
“Like many rural health care organizations in Vermont and around the country, we are facing challenges created by a declining population, rising costs, below-cost reimbursements from payors, and an increase in the number of patients who are unable to pay for care,” said Lamb. “The board remains committed to securing SMCS’ financial future while maintaining – and improving – its high level of quality and service.”
Springfield Medical Care Systems CEO resigns
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Springfield hospital chief executive resigns amid financial frustration
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I truly hope that the organization can move forward and recover. To lose them would be a huge hit to the community. But the CEO and CFO had to go. Clean out Admin and start over. I am hoping for the best for the employees.
ReplyDeleteMost residents fail to comprehend how negatively the demographic shift has permanently impacted the community. No self sustaining enterprise including SMCS can thrive here.
ReplyDeleteFor years many of us cautioned both the selectboard and planners the inevitable backlash of low income housing expansion. Compounded by a plethora of social services to further attract uninsured parasites. Well, the chickens have come home to roost.
Like to begin renaming landmark blight monuments and drug dens after these same board members. Going to be very embarrassing for their families.
While I'm not in favor of low income housing, it is the privately owned housing that is the worst. Naming the slums after their owners sounds good to me. Insurance companies that don't pay, or "slow pay" are more likely the cause of the Springfield Health System's problems. I've known a few doctors in my life, and that was their biggest complaint. I once had an insurance company take NINE YEARS to pay a legitimate bill.
DeleteRE: "Insurance companies that don't pay, or "slow pay" are more likely the cause" (Anonymous12/13/18, 3:21 PM)
DeleteIf your point was valid, every hospital in America would be in the same financial straights. Please take a day or two to observe our ED first hand. Approximately 60% of these patients are uninsured. Most are addicts, drunks, and chronic mental health cases that can not be refused. Adding Springfield Housing Authority's juvenile delinquent housing to the Wilson Block will only hasten the inevitable. Shall we call out its director now as the first landmark recipient? Thanks Bill. A man of true vision.
Hospitals all across America ARE struggling, including many in more affluent towns. You have absolutely no idea just how many people go to the ER on a daily basis without any insurance. They don't wear signs. Your post is just another attempt to inject far-right politics into health care, without appearing to do so. Another thing, it's spelled "Woolson," not "Wilson." Anybody who has lived here more than 10 minutes knows that. It's carved in stone on the front of the building. If you can't get THAT right, how can you possibly know anything about the health system here?
DeleteSomeone needs to expose the half-baked decision making that led to occupying 100 River Street when it was obvious the hospital was already in a precarious financial position.
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