El Paso Children's Hospital pays price for fast growth with bankruptcy

Audits show the hospital at one point exceeded revenue projections but also spent a lot more than it brought in


El Paso Children's Hospital, which filed for bankruptcy in May, is paying price for fast growth and audits have shown the hospital at one point exceeded revenue projections but also spent a lot more than it brought in, according to an article on the KVIA website.

The County advised the board to slow the Children's Hospital's growth in order to keep up with revenue, but hospital officials said that Children's would not turn away patients. 

University Medical Center of El Paso is responsible for any upgrades, maintenance or future construction work at the Children's Hospital building, and collects rent from the facility. 

Children's currently pays 18 percent of UMC's total rent, because it takes up 18 percent of the campus. Children's is a new facility and more efficient than other campus buildings, but there are no meters for measure gas, electricity, and water to determine how much Children's is actually using. 

Children's is currently bringing in enough money to pay for services, drugs and cover its payroll. Fees for UMC services are building up 

Read the article.

 

 



June 11, 2015


Topic Area: Industry News


Recent Posts

What Does Light Daily Cleaning Miss in Patient Rooms?

Most environmental services workers still clean as if they are wiping dust off a countertop, not disrupting a living, structured community.


Smart Lighting Overhaul Boosts Efficiency, Diagnostics and Wellness at Bryan Health

Case study: LED upgrade and advanced controls across Bryan Health campuses cut lighting energy use by 57 percent while enhancing patient care and staff productivity.


AdventHealth Opens New Freestanding ER in Florida

The approximately 13,700-square-foot emergency room features 12 patient rooms, respiratory therapy services, diagnostic imaging including CT scans, X-ray and ultrasound.


Dirty Floors: How Pathogens Can Accumulate and Spread Underfoot

Studies show that healthcare floors are covered in bacteria and can quickly spread throughout patient rooms. 


WellSpan Health Opens Its Newberry Hospital in Pennsylvania

This marks the opening of its 10th hospital in the region spanning Central Pennsylvania and Northern Maryland.


 
 


FREE Newsletter Signup Form

News & Updates | Webcast Alerts
Building Technologies | & More!

 
 
 


All fields are required. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

 
 
 
 

Healthcare Facilities Today membership includes free email newsletters from our facility-industry brands.

Facebook   Twitter   LinkedIn   Posts

Copyright © 2023 TradePress. All rights reserved.