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Board reports $14 million turnaround and zeroes in on growth lines, facility needs and workforce
Summary
Board members said a finance cleanup reduced burn and produced roughly a $14 million change; they identified interventional cardiology, imaging and a specialty pharmacy as growth opportunities while noting an aging facility and workforce retention challenges.
Board members and staff reported operational and financial improvements since interim CEO Dr. Elders took on the role. A finance representative said the hospital hired an outside firm to address audit irregularities and retool finance processes; "there was about a, I think, $14,000,000 change," the speaker said, describing the adjustment as a material shift in the hospital's financial picture.
The committee said the finance team now feels…
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