Impact of Philanthropy
As a Critical Access Hospital serving a large geographically-dispersed
population with limited access to care, Livingston HealthCare fulfills
a crucial role in maintaining the health of our residents and visitors
as well as the health of our local economy as Park County’s largest employer.
Consider this scenario:
LHC has gross revenues of $30 million, with an operating margin (higher
than most critical access rural hospitals) of 1.5-2% percent - equaling
$450,000 in revenue annually. Given proposed cuts in Medicare, Medicaid
and the potential repeal of the ACA, even this slim margin will be hard
to maintain as dramatic changes to the healthcare system are enacted legislatively.
For many of our patients who are living at or below (or even slightly above)
Park County’s median income of $37,000, the lack of reliable transportation,
inclement weather or the challenge of taking a day off for health screening
often prevent travelling the long distances to access this advanced technology
in other parts of the state. Our community needs to be assured that the
care they receive locally through Livingston HealthCare is the highest
quality available. Philanthropy will make the difference in making that possible.