The Blog

On October 25, Dan Clark and Kevin Rash from FORVIS provided virtual education on improving hospital finances. 2022 was a difficult year in healthcare. Many hospitals which have been historically successful by applying the diligence needed to remain financially strong are struggling post-COVID. This session covered case studies of Critical Access Hospitals struggling with healthy margins, internal/external assessments and strategic planning, including necessary steps to prioritize current opportunities, an introduction to necessary tools for monitoring and making data-driven decisions for course correction and right-sizing, and assessing reimbursement strategies.

On July 28, Chris Tyhurst, Claire Hilleary, Cristin Heyns-Bousliman, and Carol Cochran from REDW, provided virtual education on recruitment, retention, and reporting. Healthcare employers are now facing a unique challenge in attracting and retaining top talent, which is commonly known as “The Great Resignation.” Leaders at REDW explained how this is really “The Great Negotiation.”  The group discussion was facilitated by Forum Moderator Chris Ekrem, FACHE, VP of Hospitals at EqualizeRCM.

On May 19, 2022, EqualizeRCM sponsored a forum for CFOs and CEOs of Critical Access Hospitals, where Michael Hill, MD, President & CEO at Rural Health Solutions, provided virtual education on “Reversing the Great Outmigration and Increasing RHC Reimbursement” – how to use Care Coordination strategies to reduce outmigration, and increase financial sustainability.