Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Hospital Finance topic
No spam. Unsubscribe anytime.
McAlester hospital says it returned to positive EBITDA after COVID; staffing trimmed
Summary
Hospital leaders said they have stabilized finances since COVID, reporting a return to positive EBITDA year‑to‑date and workforce reductions of about 150 positions as part of restructuring; executives said revenue cycle improvements remain a priority.
Get email alerts on the Hospital Finance topic
No spam. Unsubscribe anytime.
Hospital leadership told the council that the organization has been stabilizing since the COVID downturn and recently returned to a positive EBITDA for the year‑to‑date. A hospital presenter said the organization "turned over to the positive EBITDA mark" and described revenue‑cycle work — from registration through billing — as a primary focus to improve collections and payer denials.
Julie Powell said leadership pared staff by roughly 150 positions during restructuring to right‑size services that were no longer profitable, leaving an FTE count (full‑time‑equivalent) around 550. Executives said outpatient services have grown and inpatient census averages about 50 daily, but that managed care denials continue to slow cash flow and require appeals.
