Mass.-based Milford Regional Medical Center grew its neurosurgery department in 2017 despite facing a $7 million loss, according to telegram.com.
Here are four things you need to know:
1. Heading into 2017, the hospital faced the operating budget loss and over $2 million reimbursement setbacks but brought on more physicians to its neurosurgery and gastrointestinal departments.
2. Neurosurgeon Timothy Smith, MD, PhD, assembled a neurosurgical team to treat brain and spine tumors and working with ER staff on head and spinal cord injuries.
3. Upon partnering with Mass.-based Tri-County Medical Associates in 2016 to form the Milford Regional Physician Group, the hospital opened urgent care centers in Milford, Northbridge and Hopkinton. It closed its inpatient pediatric unit in April due to low 2017 patient admissions.
4. The hospital closed the gap on its budget loss last year and entered 2018 ahead with a total operations profit of $177,950, according to the hospital's annual report. The medical center is renovating its fourth floor to become surgical rooms and expanding its pharmacy.
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