VVRHValley View Regional Hospital (Ada, OK)
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VVRH covenants to disclose only annual financial information and utilization statistics to the Municipal Securities Rulemaking Board's EMMA system, which Fitch views negatively.
18, 2008, VVRH had $750,000 in unrestricted cash and investments (2.
In response, the VVRH board of directors hired a new CFO and entered into a consulting agreement with a hospital management company, who have subsequently assigned a new interim CEO to VVRH.
VVRH receives a debt service subsidy from the City of Ada, Oklahoma, based on 1% of sales taxes collected.
As a designated sole community provider, VVRH receives approximately $2 million in additional Medicare revenue annually.