Pekin Hospital in Good Financial Health

Despite indications of financial troubles in the spring, the new CFO of Pekin Hospital says they are doing just fine.

The hospital plans to make use of an internal physician recruiter to replace physicians in normal staff turnover and new positions as one of the ways to keep their hospital competitive and profitable.

One of the hospital's biggest challenges is that of maintaining a positive image. Patient satisfaction is critical to the hospital's success; therefore, Pekin is looking for new ways to attract top notch physicians to help maintain this standard.

By using Medical Accounts Receivable (MAR) Funding as a source to generate working capital, Pekin hospital can use the immediate cash to upgrade technology and keep the hospital looking attractive for physicians and patients alike.