Freestone Medical Center has been selected to participate in the first cohort of the Rural Hospital Stabilization Program, a new federal initiative designed to help rural hospitals improve their financial stability by developing or enhancing health care services.
Hospitals participating in the program — which is supported by the Health Resources and Services Administration’s Federal Office of Rural Health Policy and administered by the National Rural Health Resource Center — will work closely with a team of national experts to better understand each facility’s financial and operational performance.
With funding support to help grow services and associated facility needs, this will allow us to improve our financial outlook and meet our community’s top health priorities. These experienced leaders and technical assistance professionals will assist in identifying care gaps and provide education and coaching to help customize our strategy and work together through project implementation.