How Low Can You Go?....8/25

If true (and only those actually at the hospital can confirm) this little snippet is pretty damning for Essent's profitability:

Last week Nashoba Valley Medical Center set a new record for their inpatient census. There was a grand total of FOUR INPATIENTS. Yes, I said FOUR INPATIENTS.

Essent should start thinking about changing from a FOR PROFIT status to NON-PROFIT status. Staff continues to be sent home daily and there aren't many elderly still choosing NVMC for their healthcare needs. The next generation knows to stay clear of NVMC and travel another 20 minutes to the next facility.

While census is usually lower during the summer, the depth of this low sends an obvious signal: Not viable in its current configuration.