Phil Castle, The Business Times
Community Hospital has received national recognition for efforts to improve its financial and operational performance.
The award from Quorum Health Resources comes as the Grand Junction hospital expands the health care services it offers as well as the number of doctors and other health care providers who’ve joined the hospital, said Chris Thomas, president and chief executive officer. “It was a big deal.”
QHR presented Community Hospital with its most improved financial and operational performance award during an annual meeting in Nashville. The largest hospital management firm in the United States, QHR has overseen
day-to-day operations at Community Hospital and its clinics since 2008.
“The financial improvements that have been accomplished, coupled with the ongoing expansion of service lines, have been impressive,” said Bill Donatelli, executive vice president of QHR.
Thomas said the award reflects the financial performance of the hospital during 2017.
Community Hospital opened a new, four-story building in 2016, a move Thomas said resulted in both additional costs and opportunities. “It was a calculated risk that’s paid off.”
The new facility, as well as other efforts, have enabled Community Hospital to add or expand services in family medicine, internal medicine, obstetrics and gynecology, oncology and plastic surgery, he said. Community Hospital joined with Western Orthopedics and Sports Medicine and Western Colorado Spine to form the Community Orthopedic Group.
A total of 39 doctors and other health care providers have joined Community Hospital this year alone, Thomas said. Of those, 19 already practiced in the Grand Valley and 20 are new to the area.
Community Hospital has increased gross revenues from $111 million in 2008 to a projected $420 million for 2018, Thomas said. But at the same time, the hospital continues to offer competitive rates that represent a value for patients, he said.
Thomas attributed success to the efforts of the hospital staff as well as the partnerships the hospital has developed with the University of Utah, employer groups and health care providers.