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Hospital CEO warns rural Arkansas hospitals are losing money on basic care; maternal services at risk

INSURANCE & COMMERCE - SENATE · June 5, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

North Arkansas Regional Medical Center presented data showing rising operating costs outpacing collections, stale Medicaid/Medicare fee schedules, cuts to program funding and threats to maternal and emergency services in rural communities.

Sammy Robertson, CEO of North Arkansas Regional Medical Center, told the Insurance & Commerce committee that rural hospitals across the state face mounting financial pressures as payer rates fail to cover basic costs.

Robertson said NARMC is a not‑for‑profit, 174‑bed community hospital serving more than 95,000 people across five counties and that the organization will deliver about 500 babies this year. He said while gross revenue increased in the prior year, net revenue — the money actually collected — lagged because…

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