Abstract
Background: Georgia’s Critical Access Hospitals (CAHs) face increasingly complex threats to financial sustainability, as demonstrated by the disproportionally high number of closures in comparison to other states in the nation.
Methods: Financial performance measures (including profitability, revenue, liquidity, debt, utilization, and productivity), site visits, key personnel interviews, and a revenue cycle management assessment were used to assess the strategic landscape of CAHs in Georgia, analyze financial and operational performance, and provide recommendations.
Results: For CAHs in Georgia, financial and operating performance indicators, interviews, and assessments depict a challenging operating environment, but opportunities for improvement exist through implementation of a Lean Six Sigma program and improved benchmarking processes.
Conclusions: Georgia’s CAHs operate in a challenging environment, but operational improvement strategies (such as a Lean Six Sigma program) and benchmarking directed towards business processes, including revenue cycle management, provide opportunities for sustainability in the future.
Key words: Critical Access Hospital, financial performance, Process Improvement, LEAN Six Sigma, rural hospital
First Page
39
Last Page
41
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Recommended Citation
Kimsey, Linda G.; Apenteng, Bettye A.; Mase, William; Opoku, Samuel T.; Hanna, Mark; Boakye, Kwabena G.; Carhuff, Lisa; Owens, Charles F.; Peden, Angela; Tedders, Stuart H.; and Whaley, Patricia
(2017)
"Operational and Financial Performance of Georgia's Critical Access Hospitals,"
Journal of the Georgia Public Health Association: Vol. 7:
No.
1, Article 6.
DOI: 10.21633/jgpha.7.106
Available at:
https://digitalcommons.georgiasouthern.edu/jgpha/vol7/iss1/6
Supplemental Reference List with DOIs