McKay Healthcare working way to fiscal stability
The facility is still using warrants, where the money junior taxing districts need to pay bills is loaned to them by the county they're in,
In
McKay has been generating enough money to cover its warrants since October, he said. "We're happy with the progress they have made."
"We just watch everything," said
McKay administrators work to generate business, she said, and one way to do that is to answer queries from other facilities that want to refer patients to McKay. It's her goal to ensure those questions are answered within the day, she said.
McKay was a hospital but has been converted into an extended care and rehabilitation facility. Like many other rural facilities nationwide, it's in a challenging position. About 70 percent of its patients depend on
One of the keys to overcoming low reimbursement rates, Nickel said, is to use space more efficiently. Currently McKay has room for 42 people, she said, and it's important to be using as much of that space as possible.
Building the rehabilitation part of the business will be important in the future, Nickel said.
A self-described
She is a graduate of
"We are needed. This place is needed." McKay still must use warrants, she said, but her goal is operate without them. "Eventually that day will come."
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