County Of Madera
Madera County Administration retained Force 10's healthcare team to determine if Madera Community Hospital could reopen and maintain financial solvency.
Madera was the sole hospital for 150,000 residents in Madera County, California, providing vital services like emergency, maternity, intensive care, and obstetrics. However, it accumulated over $30 million in debt due to high operating costs and an unfavorable payor mix. Failure to be purchased by a health system led to the hospital’s closure in January 2023 and its ultimate filing for bankruptcy in March 2023
Industries
Engaged by the County of Madera to address critical healthcare needs, Force 10 conducted a thorough assessment to evaluate the feasibility of reopening a local hospital. By identifying sustainable service lines, optimizing resources, and facilitating key partnerships, we helped secure a bankruptcy reorganization plan that ensures long-term care for county residents.
Force 10 was engaged by the County of Madera, a key stakeholder concerned about ensuring quality healthcare for county residents, to conduct a comprehensive financial and operational assessment of the county hospital. The evaluation focused on the hospital’s performance and the feasibility of reopening, including identifying viable clinical service lines, appropriate staffing levels, supply costs, capital requirements, and physician contracts to secure its sustainable future. Additionally, Force 10 facilitated discussions with potential health system partners, enabling the hospital to optimize support staff, leverage expertise in contract negotiations, and secure access to capital. This initiative played a pivotal role in assisting American Advanced Management in confirming a Plan of Reorganization for the hospital.
