Urgent!!(Read Notes) Please read this entire email for details. There is never a good time to discuss closure. However, The time for this planning is now and more important than ever. While one would say that their rural hospital is not at closure, be assured that the planning for any rural hospital in any day warrants these considerations.
Cash shortage will probably be back to crisis stage in the Fall of 2020 generally and rural hospitals will be back in worse shape cash wise than it has ever been . So many rural hospitals have had less than 5 days cash until the PPP, CARE’S Act and Relief money and Accelerated Medicare Advantage Payments and in some cases less than two-day’s cash. Then comes all of the cash and the confusion of how to spend the incoming cash. HomeTown has developed a skill set that is in cash and closure management in a crisis. Do not wait until it is too late to call us. HomeTown has assisted in no less than a dozen payroll interventions in last twelve months. HomeTown has the access to the necessary people, lawyers, agencies and insurance companies as you saw back in February at the HomeTown CEO Day to help solve your rural hospital problems.