
Critical Access Hospitals
Wellness specializes in helping Critical Access Hospitals renovate or replace their existing facility. Because we have extensive experience in helping CAH's with their unique needs and challenges, we know how to navigate through the red tape and deliver a top notch facility for your rural community.
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"We are relentless in our effort to improve rural care and will do anything to strengthen our Nation's Critical Access Hospitals."-Frank Jarman, President and CEO of Wellness Environments
Wellness is uniquely suited for CAH's because we have experience in being a One Source Provider. This means we can perform a replacement or renovation project from beginning-to-end, offering complete turnkey clinical spaces from design to demolition to installation. We have the ability and experience to replace an entire hospital, an entire wing, or renovate a hospital one room at a time.
Moreover, Wellness products are considered furniture and equipment for financial accounting and Medicare Reimbursement purposes. This enables our products to be depreciated over a shorter period than traditional construction materials-10 years rather than 30 years. Because of our status as equipment, the cost of products can be charged directly to the Hospital's routine cost centers where Medicare concentration is typically at its highest, thereby permanently increasing reimbursement over that afforded by conventional construction.
In other words, the use of Wellness will increase your Medicare Reimbursement and allow you to recoup the cost of your construction sooner.
- "The use of Wellness rooms is making a tremendous difference to cash flow because we're getting Medicare's portion of our investment back over 10 years, not 30 years like the rest of the building." -Ken Cornish, CFO of St. Peter Community Hospital
In addition, because they are equipment, Wellness Rooms can be leased. This reduces your upfront cash burden and we can structure the lease to increase reimbursement to the extent that the costs flow through the income statement (operating lease).
Best of all, Wellness rooms are virtually maintenance free and will look brand new for years to come.
We invite you to contact Thomas at 615-321-5052 to discuss options for your hospital.
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