Ashland Community Hospital Announces Multimillion Dollar Loss

, Posted: Mon, August 27 2012 at 8:03 AM, Updated: Mon, August 27 2012 at 10:59 AM

Ashland Community Hospital is reporting a multimillion dollar loss last fiscal year.

The local hospital is down $2.5 million.

Officials say the loss is mainly due to unpaid medical bills and charity care, as well as un-reimbursed costs related to medicare and medicaid patients.

Officials say the loss isn't unexpected and is partially why the hospital has secured an outside partnership with Dignity Health.

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