SNVMC Logo-Vert cmyk

MH: Expansion erodes operating margin at Sentara

November 14th, 2014 Posted by Uncategorized No Comment yet

There are two candidates remaining in Wellmont’s search to merge.  One is rumored to be our Mountain States Health Alliance, the other is Sentara based in Norfolk, VA.   Modern Healthcare just reported that due to Sentara’s expansion efforts in 2013, their operating margin decreased by 20%.  This could spell trouble for our area if Sentara is selected because one likely scenario would be “Slash and Burn” cost cutting hitting our region the hardest.

Click here to read the full article at Modern Healthcare

 

 

The comments are closed.

About SaveYourHospitals

Save Your Hospitals is a grassroots effort that is committed to keeping healthcare locally based in East Tennessee and Southwest Virginia.

Stay Connected

Visit Us On FacebookVisit Us On TwitterVisit Us On GooglePlus

Search

Upcoming Events

There are no upcoming events.

Facebook

<script>\n (function(i,s,o,g,r,a,m){i[\'GoogleAnalyticsObject\']=r;i[r]=i[r]||function(){\n (i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o),\n m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m)\n })(window,document,\'script\',\'//www.google-analytics.com/analytics.js\',\'ga\');\n\n ga(\'create\', \'UA-53851943-1\', \'auto\');\n ga(\'send\', \'pageview\');\n\n</script>