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In a recent article on the front page of the Wall Street Journal, the headline read "Small Rural Hospitals Struggle for Survival under Medicare Setup.” According to the report — and it is true — many small rural hospitals are in serious difficulty because of changes in Medicare rules and reimbursement. Other problems cited are a lack of capital for expansion and renovation and a difficulty in attracting and retaining high quality physicians and hospital staff. One prognosticator has predicted that over one thousand small facilities will close in the next decade.
It is with a deep sense of pride that we are able to say in this Annual Report that CMH does not plan to be one of these statistics! At a time when many other hospitals are struggling for survival, we are pleased to report that CMH is thriving.
The year 1987 saw a continuing increase in the demam for our services, particularly in the area of outpatient healthcare. From a quality care perspective, it was a year when we were able to receive again a full three-year ac
87.4%