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Does anybody know anything about a hospital in Natchez, MS going bankrupt?
Posted on 3/27/14 at 8:18 am
Posted on 3/27/14 at 8:18 am
Natchez Regional Medical Center is filing for bankruptcy. It's a county owned hospital. I didn't know they could go bankrupt. Any OT'ers got any inside info?
Posted on 3/27/14 at 8:28 am to white perch
I know that their bills are outrageous.
Posted on 3/27/14 at 8:29 am to white perch
SW MS and Bankrupt go hand in hand
Posted on 3/27/14 at 8:33 am to white perch
This will be happening more and more. Small town hospitals will be going bankrupt all the time. Cant survive with cut reimbursements.
Posted on 3/27/14 at 8:38 am to white perch
Not sure of the ownership, but it appears they do not receive any kind of a property tax collection that would be available through a hospital district.
Bankruptcy could have happened for a variety of reasons, but some of the more rural hospitals that are heavily dependant upon govt reimbursements are going to be increasingly difficult to operate. Costs are still sky high (pre or post obamacare) and rural hospitals often don't have the population needed to supply the necessary volume.
Natchez RMC shouldn't have that problem though. Enough population around Natchez. I'm not aware of other factors such as competition around Natchez, but hospital administation as a whole is something I would want no part of.
Bankruptcy could have happened for a variety of reasons, but some of the more rural hospitals that are heavily dependant upon govt reimbursements are going to be increasingly difficult to operate. Costs are still sky high (pre or post obamacare) and rural hospitals often don't have the population needed to supply the necessary volume.
Natchez RMC shouldn't have that problem though. Enough population around Natchez. I'm not aware of other factors such as competition around Natchez, but hospital administation as a whole is something I would want no part of.
Posted on 3/27/14 at 8:46 am to white perch
quote:
Natchez Regional Medical Center is filing for bankruptcy. It's a county owned hospital. I didn't know they could go bankrupt. Any OT'ers got any inside info?
I've heard we're going to be seeing a shite-ton of these small hospitals serving smaller towns and rural areas going bankrupt as a result of medicare cuts in Obamacare.
Posted on 3/27/14 at 8:52 am to white perch
I think the issue they have is the poors don't pay a dime and the folks with money will drive to baton rouge
Posted on 3/27/14 at 9:17 am to white perch
Is this the old Jefferson Davis hospital?
Posted on 3/27/14 at 9:43 am to white perch
Good thing Dr Cage retired awhile ago
Posted on 3/27/14 at 9:46 am to white perch
quote:Chapter 9 of the Bankruptcy Code is for local governmental entities.
It's a county owned hospital. I didn't know they could go bankrupt.
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