12 | THE VIL­LAGES HEALTH SYS­TEM

Modern Healthcare - - HEALTHCARE’S HOTTEST -

WHAT IT DOES:

The Vil­lages Health Sys­tem op­er­ates a hospi­tal lo­cated in a re­tire­ment community in Florida. HOW IT GREW:

The Vil­lages’ growth has come in spite of the unique chal­lenge pre­sented by the hospi­tal’s lo­ca­tion within a re­tire­ment community—80% of the hospi­tal’s pa­tients are cov­ered by Medi­care. “Most hos­pi­tals make their money on com­mer­cial in­sur­ance prod­ucts,” says Vil­lages CEO Tim Hawkins. “Less than 10% of our pa­tients are com­mer­cial, so we have had to learn how to make a profit on Medi­care pa­tients.”

But while the hospi­tal has to make do with­out com­mer­cial-in­sur­ance money, it also ben­e­fits from the area’s grow­ing pop­u­la­tion, which has been in­creas­ing by about 5% ev­ery year.

Much of the hospi­tal’s growth can be at­trib­uted to ex­pand­ing along with the pop­u­la­tion, but Hawkins says they have made sure all of the res­i­dents choose his hospi­tal for care.

“We’ve got a first-class med­i­cal staff and our ac­com­mo­da­tions are five-star,” Hawkins says. “You won’t find a ho­tel in the coun­try that has bet­ter fa­cil­i­ties.”

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