CCMH enters into management agreement with Rural Community Hospitals of America
BOONVILLE – Cooper County Memorial Hospital’s Board of Trustees has made the unanimous decision to work with Rural Community Hospitals of America (RCHA), with offices in Kansas City, Missouri. RCHA specializes in assisting rural hospitals.
“It is exciting to have an opportunity to utilize their expertise in many areas. Rural hospitals across the nation are facing many issues including lower reimbursements, increasing regulatory pressures, escalating costs of technology, and various revenue cycle concerns, including ICD-10 conversion. It is almost impossible from a cost standpoint for a small hospital to be able to have the expertise in-house to meet all of these issues. Partnering with a firm such as RCHA makes logical sense for smaller hospitals trying to maintain services locally,” CCMH CEO Allen Waldo said.
Mike Conway, Board of Trustees Chairman commented that “utilizing RCHA, allows us to work closer with both high quality healthcare organizations in Columbia. The Board of Trustees recognized RCHA as our best option in providing management services.”
Larry Arthur, president of RCHA adds, “I am looking forward to my company assisting CCMH. My career passion has been in recognizing that local rural hospitals are critical to the very fabric of the local community. Boonville and the surrounding communities of Cooper and Howard Counties need the local hospital, not only as a major employer but more importantly as the safety net to meet the medical care needs of the community.”
The two organizations will begin working together immediately.