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Grant Regional Medical Center board reports management change, residency and service expansions; warns of federal budget risk to Medicaid revenue
Summary
The GRMC board reported switching to a consultant model with Ovation, plans to reestablish a family medicine residency with UNM, expanded oncology and urology services, and an outpatient psychiatry agreement. The board said federal budget changes could reduce state-directed payments and Medicaid eligibility, posing revenue risks
The Grant Regional Medical Center board summarized governance and service developments and cautioned that proposed federal budget changes could affect hospital revenue and community health coverage.
Dr. Fox, chair of the hospital board of trustees, said the board selected Ovation to provide consulting services under a model in which the hospital's CEO and CFO remain hospital employees. "One of the benefits of working with Ovation is that…
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