SITUATION OVERVIEW
In early November 2009, at the conclusion of an in-depth operational and management review of Jackson Health System (JHS), Qorval presented JHS leaders with financial, operational and organizational findings that precisely identified serious deficiencies that threatened the continued operation of the hospital system. Qorval provided explicit recommendations for the successful turnaround of JHS. Qorval was able to maneuver through a very large and complex health system in the matter of a few months and make tangible recommendations regarding crucial steps required to resuscitate a critical institution to Miami-Dade county residents on the brink of failure. Since release of the report, many months-and millions of dollars in losses-have passed while limited, if any, change has been enacted to ensure the long term viability of JHS.
KEY FINDING (page number refers to full Qorval report with link available below)
JHS was hemorrhaging money. Without immediate, top-to-bottom financial and operational restructuring, JHS was headed toward disaster.
- Qorval projected a possible 2010 deficit of $142 million - extremely close to recently published numbers by JHS (page 7).
- Qorval predicted actual monthly operating losses were between $11.7 and $17.7 million as opposed to the approximate $5.0 million being reported by JHS at that time - (page 8). Recent JHS reporting has verified Qorval's figure as accurate.
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