PDF: Hutcheson News Release
Facing declining patient volumes and deepening losses, Hutcheson Medical Center’s leaders are seeking outside advice and weighing options.
Hutcheson officials announced Tuesday that the hospital is partnering with Community Hospital Consulting, of Plano, Texas.
The group offers financial and strategic advice and works to maintain independence and local control for struggling community hospitals that end up collaborating with a larger outside facility, officials said.
“Local control” for a community hospital means “the governing body is responsible for charting the future of the organization, and the profitability … is 100 percent poured back into that local health care delivery system,” said Mike Williams, president and CEO of Community Hospital Corp., the consulting group’s parent company.