Dear Ladies and Gentlemen,
As a native Parisian, I am intrigued with the ongoing debate about healthcare in my hometown. I am a physician and have been in practice for 20 years in a neighboring part of the state of Texas. I have been following your plight with great interest, as my family remains there.
First, let me say that unfortunately, you as a community are caught in a rough spot. You are no longer a not-for-profit health care community. In this setting, bottom line will always be profit. There is only ONE solution, RETURN TO NOT-FOR-PROFIT status. As you can imagine, this would require someone buying the for profit people out. The community would have to become united behind a central process to root the for profit folks out.
If you are interested in pursuing this, I can organize the folks that can begin these discussions. However, please understand that this would promote a serious debate and would require a high level of sincerity on the part of both sides. Feel free to contact me.
Gary D. Boyd, M.D.
I have the contact telephone numbers, should people want to contact Dr. Boyd (just email me.) Here is the rub: A direct negotiation would be more expensive monetarily for the investors. Buying it on the Chapter 11 block would be more expensive for the community as a whole. In such a situation, we probably would be close to that '10%' left of employees. The hospital would be broken, both financially and in spirit.
Should it be on the auction block as court directed sale, the assets would probably be split. Through an Essent sale, it would probably be as a whole package...far from what I would care for, and far dearer than I would like, but talking never hurt.
I have my doubts that Paris will recover its former glory in healthcare: Too much water under the bridge, and our perceptions of 'what was' might be a little glorified with time. But it certainly could be better than what it has descended to....frank
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