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InCharge HEALTHCARE 2019

Skipper Bondurant

larger cities to see specialists. It is critical that we make sure that we are providing services in the communities where people live and work. This can be challenging because of the cost of providing services to smaller populations.” “Reimbursement is difficult for board members, a lot of management and staff to understand. Healthcare reimbursement is complicated,” said Nick Lewis, administrator and CEO at Hardin County Medical Center in Savannah. “Every day the top leaders in our healthcare organizations struggle to ensure federal and state programs provide reasonable reimbursement with a well thought out methodology.” “We continue to have to look at ways to trim costs without harming our ability to care for our communities. Healthcare costs are continuing to rise and this will

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Neely Ashby

continue to place a significant burden on our healthcare systems. These costs continue to rise past the rate of inflation and the projections indicate that this trend is not going to go the other way any time soon,” said Skipper Bondurant, administrator and CFO, Baptist Memorial Hospital – Union City. “The actuary at the Centers for Medicare and Medicaid Services estimates that aggregate healthcare spending in the United States will grow at an average annual rate of 5.8 percent from 2015 through 2025, or 1.3 percentage points higher than the expected annual increase in the gross domestic product.  If this continues at this rate we will continue to see hospitals in our state struggle to stay open.”   “Recruiting and retaining talented, patient-centered clinical staff is a very real challenge in West Tennessee. The number of people

choosing to enter the nursing profession is not growing fast enough to meet the demands of the market, especially considering the number of nurses reaching retirement age. At Henry County Medical Center, we offer a sign-on bonus, tuition reimbursement, and student loan forgiveness in an effort to attract new nurses to our rural hospital,” said Neely Ashby, CNO for Henry County Medical Center in Paris. “After successful recruitment, retaining those employees is the next hurdle we must tackle. To improve retention, we are working diligently within nursing administration to build comradery within our nursing units while promoting teamwork throughout the organization.” Facing these challenges means having a solid strategy and being innovative in those strategies. “Strategies evolve and do change

West TN Medical News 5

InCharge 2019 WTMN  

West TN Medical News InCharge 2019

InCharge 2019 WTMN  

West TN Medical News InCharge 2019