CENTRAL CITY, Ky. (2/14/14) — Muhlenberg Community Hospital interim CEO Steve Meredith was the guest speaker Thursday at the Greater Muhlenberg Chamber of Commerce monthly meeting held at the Central City Convention Center.
Meredith, who has began his interim position Nov. 1, pulled no punches when it came to the hospital's financial situation.
"MCH lost $1.7 million in 2012, and $4.4 million in 2013. By 2025 many smaller community hospitals will be closed. But I think MCH will be a survivor," Meredith said.
Meredith said he believes that MCH is on the right track.
"I believe MCH will be one of the hospitals that prospers, and for a very good reason. We know how to cut expenses without cutting quality. Also, our staff and administrators know how to communicate," Meredith said.
Meredith said he has learned in his 40 years working in hospitals he has learned one very important lesson. "When you're a CEO of a hospital, you learn to let others do their job, to let them do what they do best. Our various departments are second to none. Our doctors, nurses, EMS staff. They all work together to make sure the patient is treated with superior care," Meredith said.Before taking the MCH interim position, Meredith was the CEO of Twin Lakes Regional Medical Center in Leitchfield for nearly 30 years.
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