The Frightening Facts
- 57 hospitals have closed since 2010, including 15 in 2015 alone!
- 130 employees have been fired for every 100 hospital beds
- Every failing hospital believed they would find a buyer but…
- None were purchased
The Typical Thought Process
- “We’re too big and important to fail in our community.” (you’re not)
- “A white knight buyer will come to our rescue.” (they won’t)
- “A new buyer will keep us operating as before.” (they won’t)
- “A new buyer will retain current management.” (they won’t)
So what’s the solution?
You can take immediate action to stop your losses. The only way you can reduce losses fast enough to turn your hospital around financially is securing payment of patient balances. And the only solution you can deploy immediately is VestaPay™. Thanks to a unique combination of data integration, dynamic balance adjustments and social media-based communication, VestaPay ensures that every patient’s payments are secured before they leave your hospital, and that patients will not have to pay more than they owe or can afford.