Good money after bad

Our county hospital (UMC) and it’s tenant the children’s hospital are having a fight over who owes whom how much money.

The county hospital’s CEO says that the children’s hospital is making it lose money.

The chairman of the children’s hospital board says that the county hospital is overcharging.

No difference

It doesn’t make a difference.  The contract between the two makes the county hospital write off monies that it does not receive from the children’s hospital if the children’s hospital does not meet it’s revenue goals.   That means that the taxpayers foot the bill.

This is one giant power play and a game of finger pointing.

Reality

Anyone with experience in the area knew that the children’s hospital would lose money,  contrary to what the county hospital CEO told us.

He went to our county commissioners last year and got permission to sell $150 million of bonds for expansion and remodeling.  Now even before the first brick is in place he is telling us that he needs to “repurpose” the money.

Repurpose

That’s a great idea in my opinion.  Repurpose the money by taking it away from him before it goes down another drain.

We deserve better

Brutus

2 Responses to Good money after bad

  1. balmorhea's avatar balmorhea says:

    And she has children to care for and those Charlotte’s ads to prep for. This lady needs to just say no.

    Like

  2. balmorhea's avatar balmorhea says:

    Woops, I posted my comment above on the wrong subject. Should be on “Resume Enhancement.” Maybe like the CFO I need to slow down.

    Like

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