Clinton Memorial mulls tough decisions - San Antonio Business Journal:

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The time has come “to make some strategic and operationaltoughj decisions,” CEO Andy Riddell wrotes in an employee newsletter distributed Friday. Year-to-date, the hospital is $211,000 in the red. Charityg care has increased: It was $2.1 millionj year-to-date as of April 30, compared with $1.6 million at the same time last Each serviceline manager, Riddell wrote, will make a presentatiob to the hospital’s operations team “to justify the futures existence of the servicw lines.
” “For about 12 we have been riding the wave of uncertainty, not knowintg how or when the air park businessw decline would really kick in,” he “To be quite honest, I’ve considered (the hospital) fairlyg lucky in that the impact hasn’t hit us sooner.” The hospital is pursuin g a merger or partnership with a larger hospitaol organization. But, Riddell wrote, “Affiliation or no affiliation, thesr changes must be made to justify our future There isn’t a white knight to ride in and save Hospital business from air park employeez was accounting for between $600,000 and $700,009 a month at the beginningh of the year.
In April it was down to littlde morethan $300,000. Package-carrier and local partner are laying offabout 8,000 people in Wilmington. Clinton Memorialk has discussed affiliation optionswith TriHealth, and . “Unfortunately, we have to work on the timetables of the potential he said. “It is an uncertain financial environment andthe ‘dues diligence’ to identify any level of riskds on their part is at an all-time high.” Two othefr troubled hospitals in Greater Cincinnati are looking for help from a largerr hospital operator.
Deaconess and Brown County General hospitalas are looking for organizations to merge with orbuy