From an email:
What's happening...Paris healthcare ailing? How can that be? The Snooze usually portraits Essent as the second coming, our savior rising from the ashes of Christus....
Give me a break....
Essent was an opportunistic monolith with an over-inflated ego. It's what caused the Crossroads debacle, and from what stems our problem. Essent did poor research, "due diligence" as it were, and found themselves with a dichotomy: A purchase which doubled the number of beds in their system, yet had the weight to sink the corporation. The weight being what was needed in upgrades...and I don't mean paint and LCDs....
Essent should have passed us by...Muskogee would have been a far better choice as to plant and facility. Christus was letting us coast, as it were, and siphoning off what they could from Health Solutions, while putting almost nothing into the maintenance of the facilities.
What should have happened is a larger corporation, with deeper pockets, needed to take the bid. While we wouldn't have been the "showplace" (can you imagine what vanity that played to???), we wouldn't have been left out in the the cold--15 year old equipment that is the difference between your life and death???
What Essent has at this point, is a dilemma: Sell off Christus, which loses half their beds, and, what, $383 Million of their cash flow, or ride it down the drain..... You've all heard the commercials, "I've increased my cash flow to 2 gazillion a year! Ain't I special!" What counts is the bottom line: Reported income for the current period is $288k, the previous was $1.6M. You do the math: That is 18% of the income reported for the previous period. Yeah, real special....
While I keep hitting them with Crossroads, I feel that it was true to form: They held on to it because to dump it earlier would have been an admission of failure! Their very first hospital tanks! ...and after putting in $38 Million! Would the PRMC board have chosen them then?
Maybe Hud thought that Paris carried well with "French Lick", the original name for Nashville. Sorry, but the French nuns that helped establish St Joseph's would be rolling over in their graves, and Dr. McCuistion would be likewise. Neither would cherish the changes that have befallen us, their one probable point of agreement.
"Paris is not the regional medical hub that it once was, and steps must be taken to restore the medical community to its former glory and move it to new heights in the future...we are convinced Walters will be a shot in the arm for a regional medical community that shows some signs of ailing."
Interesting that the editorial tacitly assumes that there are major problems at PRMC that need correcting. Yet the Snooze has never printed a single news story that documents this decline in the hospital aside from the articles hand-written by Essent about the layoffs and about Andrew's firing (actually, they never even said he was fired, did they?)
What's happening...Paris healthcare ailing? How can that be? The Snooze usually portraits Essent as the second coming, our savior rising from the ashes of Christus....
Give me a break....
Essent was an opportunistic monolith with an over-inflated ego. It's what caused the Crossroads debacle, and from what stems our problem. Essent did poor research, "due diligence" as it were, and found themselves with a dichotomy: A purchase which doubled the number of beds in their system, yet had the weight to sink the corporation. The weight being what was needed in upgrades...and I don't mean paint and LCDs....
Essent should have passed us by...Muskogee would have been a far better choice as to plant and facility. Christus was letting us coast, as it were, and siphoning off what they could from Health Solutions, while putting almost nothing into the maintenance of the facilities.
What should have happened is a larger corporation, with deeper pockets, needed to take the bid. While we wouldn't have been the "showplace" (can you imagine what vanity that played to???), we wouldn't have been left out in the the cold--15 year old equipment that is the difference between your life and death???
What Essent has at this point, is a dilemma: Sell off Christus, which loses half their beds, and, what, $383 Million of their cash flow, or ride it down the drain..... You've all heard the commercials, "I've increased my cash flow to 2 gazillion a year! Ain't I special!" What counts is the bottom line: Reported income for the current period is $288k, the previous was $1.6M. You do the math: That is 18% of the income reported for the previous period. Yeah, real special....
While I keep hitting them with Crossroads, I feel that it was true to form: They held on to it because to dump it earlier would have been an admission of failure! Their very first hospital tanks! ...and after putting in $38 Million! Would the PRMC board have chosen them then?
Maybe Hud thought that Paris carried well with "French Lick", the original name for Nashville. Sorry, but the French nuns that helped establish St Joseph's would be rolling over in their graves, and Dr. McCuistion would be likewise. Neither would cherish the changes that have befallen us, their one probable point of agreement.
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