Throckmorton County Memorial Hospital Selects NewLight Healthcare for Management Services Contract

Throckmorton County Memorial Hospital Selects NewLight Healthcare for Management Services Contract

Austin, Texas (May 23, 2011) NewLight Healthcare, a hospital management and consulting company based in Austin, Texas, announced today that they have been selected by Throckmorton County Memorial Hospital (TCMH), a 14-bed Critical Access Hospital located in Throckmorton, TX, to provide executive leadership and management services to the hospital.

“Throckmorton County Memorial Hospital is committed to serving its patients and families with the highest standards of care,” said Todd Biederman, President and CEO of NewLight. “We are honored to be chosen by TCMH to provide management services and the resources necessary for their hospital to flourish and continue to deliver great care to their community.”

“We have searched for the right management partner to help us navigate the ever-changing environment that rural hospitals are facing,” said Bryan Key, Board Secretary of Throckmorton County Memorial Hospital District. “I believe that NewLight brings the right mix of leadership partnered with a proven track record of managing hospitals. They are the right fit for Throckmorton County Memorial Hospital.”

Under the management agreement, NewLight Healthcare will provide a team of experienced healthcare professionals to serve in the areas of financial management, quality patient care, strategic planning, medical staff development, revenue cycle management and education.

In addition, NewLight will immediately begin to work with the hospital board to recruit a new Chief Executive Officer. NewLight has already placed Ray Mason as TCMH’s interim Chief Executive Officer while the search for a permanent replacement is conducted.