After declaring bankruptcy and being bought out by the Pajaro Valley (Calif.) Health Care District, Watsonville Community Hospital is looking to achieve a positive monthly bottom line by the third or fourth quarter of this year, the Santa Cruz Sentinel reported March 6.
The hospital is expecting $11 million in additional revenue through renegotiated contracts with insurance companies and expects $8 million in staffing efficiencies in 2023 after launching new staffing schedules.
However, some hospital nurses have condemned the hospital for moving part-time nurses to full time as a way to rely less on travel nurse labor.
Later this year, the hospital is planning to launch a new cardiac catheterization lab.