Life as an Independent Rural Hospital: Q&A With Duncan Regional Hospital CFO Doug Volinski

Three and a half years ago, Doug Volinski, CFO of Duncan (Okla.) Regional Hospital, arrived at the small independent hospital with a growing plate of experience.

He previously was the compliance officer at Valley Baptist Medical Center in Harlingen, Texas eventually becoming Valley Baptist’s interim CFO and ultimately its vice president of finance. He then moved to Fort Oglethorpe, Ga., just south of Chattanooga, Tenn., as the CFO of Hutcheson Medical Center before heading west to Duncan Regional.

“I’ve had a lot of different experiences, and in this industry, the more and variety of experiences you have gives perspective,” Mr. Volinski says.

Here, Mr. Volinski explains the major issues at Duncan Regional, the strength of the hospital’s balance sheet and what other CFOs of small rural hospitals should be focused on right now.

  • Q: Duncan Regional Hospital is a small, independent, 145-bed community hospital. As CFO, what are the biggest issues you’re working on right now?
  • Q: What is the hospital’s balance sheet like today, and how does it compare to five years ago?
  • Q: How would you describe the competition in the area? I understand the area is fairly spread out.
  • Q: How is Duncan Regional being innovative with commercial payer contracts? Are there certain things you’re doing with the Uniteds and Aetnas to make sure your reimbursement stays strong? And what is your payer mix?

Find out what Mr. Volinski’s answer were by clicking here.

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