Jackson Hospital & Clinic in Montgomery, Alabama, is facing a potential closure unless the city guarantees $20.5 million of its debt. The hospital's interim CEO, Ron Dreskin, made a plea for the city's support, emphasizing the critical role Jackson Hospital plays in the community. Dozens of employees rallied in support, highlighting the hospital's vital care and the potential risks of closure.
Jackson Hospital & Clinic in Montgomery, Alabama , faces a critical juncture with its financial stability teetering on the brink. Interim CEO Ron Dreskin announced at a press conference that the hospital requires a financial guarantee of $20.5 million from the city of Montgomery to avoid closure. This guarantee is part of a financing plan negotiated with bondholders, aimed at keeping Jackson Hospital operational while it implements crucial operational changes.
\Dreskin emphasized that the request is not for direct financial assistance but for a guarantee to secure the necessary financing. He stressed the dire situation the hospital finds itself in, stating that without the city's guarantee, obtaining the required cash to continue operations would be extremely challenging. Dozens of hospital employees rallied outside the hospital, displaying signs advocating for its preservation, highlighting the vital role Jackson Hospital plays in Montgomery and the surrounding community. \Registered nurse Tynsley Morris, who works in labor and delivery, underscored the importance of Jackson Hospital's quality of care and the strong sense of community within the hospital staff. She expressed concern that Montgomery's other two hospitals, Baptist Medical Center South and Baptist Medical Center East, could not absorb the patient load if Jackson were to close, posing a risk to patient safety. Morris urged the city and state authorities to prioritize this issue. The Montgomery City Council is scheduled to consider the resolution guaranteeing Jackson Hospital's debt on Friday. City Councilwoman Marche Johnson expressed her support for the hospital, acknowledging its significance not only to Montgomery but also to neighboring areas. She emphasized that finding a path forward for Jackson Hospital is in everyone's best interest. Johnson also called for a broader, long-term solution to address the financial struggles faced by hospitals across Alabama, advocating for state involvement in expanding Medicaid. She argued that Medicaid expansion could alleviate the financial strain on hospitals by providing coverage to hundreds of thousands of uninsured Alabamians.
HEALTHCARE HOSPITAL CLOSURE FINANCING CITY GUARANTEE MEDICAID EXPANSION ALABAMA
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