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Day Kimball Hospital officials warn of financial strain and seek partnership while pledging to maintain services
Summary
Day Kimball Hospital CEO Kyle Kramer and Chief Pharmacy Officer Robert Viens told NECCOG leaders that insurance and Medicare reimbursements are not keeping pace with care costs, that the hospital is seeking a partner, and that services and patient-doctor relationships would be preserved under a proposed partnership.
Kyle Kramer, chief executive officer of Day Kimball Hospital, and Robert Viens, chief pharmacy officer, addressed the council about the hospital's financial challenges.
Kramer said hospitals large and small face similar pressures, citing that insurance reimbursements — particularly Medicare — have not kept pace with the cost of providing care. He said Day Kimball Hospital is pursuing a partnership with another health provider and assured the council that patient-doctor relationships and existing services would be maintained under the arrangement. The presenters also cited the need to upgrade the hospital's electronic medical-records system to enable interoperability with other providers.
The comments were informational; minutes do not record any vote, request for action by NECCOG, or follow-up assignment tied to the presentation.
