St. Francis releases statement on potential consolidation - KNOE 8 News; KNOE-TV; |

St. Francis releases statement on potential consolidation

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MONROE, La. (KNOE 8 News) - St. Francis Medical Center has released the following statement about their potential consolidation:

On April 30, the St. Francis Board of Directors approved retaining outside advisors to help us evaluate the potential benefits of consolidating our operations from two campuses to one campus. This evaluation is driven by our continual goal to better serve the needs of our community and to maintain our long-term financial viability so that we can continue to serve Northeast Louisiana.

St. Francis is committed to making adjustments so we are built to deliver on the needs of the communities we serve today and in the future, which is and will be much different than just a few years ago.

Because things in healthcare as well as in our region are changing rapidly, we must adapt in order to fulfill our responsibilities and commitment to those we serve. Though there are many complex issues, there are a few important takeaways for St. Francis. First, with more emphasis on outpatient services we believe there are more hospital beds set aside for overnight stays in our region than needed. Second, St. Francis Medical Center has an opportunity to generate substantial cost savings that will benefit the region by making better use of our facilities. Third, large reductions in what we are being paid, especially for people insured by Medicaid, have significantly stretched our resources. As a healthcare leader we have an opportunity to use our knowledge and experiences to help positively transform care delivery in our region.

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