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Springfield Hospital

Full company profile

uuid000croy

Namestring
Springfield Hospital
Legal namestring
Springfield Hospital
Company typeenum
Private
Founded yearint
1915
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersSpringfield, United States
HQ citystring
Springfield
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
critical access hospital, inpatient outpatient care, emergency medical services, adult day services, rural healthcare services
Industry3 codes
1Inpatient Psychiatric Hospitals
CodeHLAFAHAHPrimaryYes
2Hospital-Operated Urgent Care Centers
CodeHLAFADACPrimaryNo
3Inpatient Psychiatric Hospitals & Units
CodeHLAFACABPrimaryNo
NAICS code3 codes
  • General Medical and Surgical Hospitals6221
  • Psychiatric and Substance Abuse Hospitals62221
  • Specialty (except Psychiatric and Substance Abuse) Hospitals622310
SIC code3 codes
  • Services-Hospitals8060
  • Services-General Medical & Surgical Hospitals, Nec8062
  • Services-Offices & Clinics Of Doctors Of Medicine8011
Product category
Critical Access Hospital Services
Revenue model5 records
1Patient Care Services
TypeSubscription Recurring
Description

Core revenue from inpatient and outpatient medical services including 24-hour emergency care, diagnostic imaging (DaTscan), and specialty care services

springfieldhospital.org
2Adult Day Care Services
TypeSubscription Recurring
Description

Adult day service fees with financial assistance and sliding fee schedule options

springfieldhospital.org
3Specialty Practices
TypeSubscription Recurring
Description

Revenue from affiliated specialty practices including Connecticut Valley Ear, Nose and Throat, Connecticut Valley Orthopaedics & Sports Medicine, General Surgery, Springfield Podiatry, Springfield Gynecology, and Springfield Urology

springfieldhospital.org
4Mental Health Services
TypeSubscription Recurring
Description

Inpatient mental health services offered at The Windham Center for Psychiatric Care in Bellows Falls, VT

springfieldhospital.org
5Donations and Fundraising
TypeSubscription Recurring
Description

Charitable donations through giving campaigns (2025-2026 campaign spanning October 1, 2025 to September 30, 2026), planned giving, and fundraising events

springfieldhospital.org
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain
Pricing details4 tiers
1Standard Insurance Billing
ModelSubscriptionBilling cadenceMonthly
Notes

Springfield Hospital submits claims to third-party payers and bills patients for outstanding balances. Co-payments due at time of service.

springfieldhospital.org
2Prompt Pay Discount - Uninsured
ModelUnit PricingBilling cadencePay-as-you-go
Notes

25% discount if paid within 30 days; 15% if paid within 40 days; 5% if paid within 50 days from first bill date. Not applicable to balances due after insurance payment.

springfieldhospital.org
3Financial Assistance Program
ModelOtherBilling cadenceOther
Notes

Full or partial discounts based on Federal Poverty Guidelines. Household income at or below FPG with liquid assets at or below 400% FPG qualifies for full assistance. Catastrophic medical indigency coverage for bills exceeding 20% of household income with income at or below 600% FPG. Must be Vermont resident or resident of Sullivan or Cheshire Counties in NH.

springfieldhospital.org
4Adult Day Service - Sliding Fee Scale
ModelUnit PricingBilling cadenceMonthly
Notes

Sliding fee schedule based on financial eligibility, updated annually. Contact Financial Counselor Mark Magner at 802-885-7081 ext 7785.

springfieldhospital.org
GTM typeB2C
B2C
Offering typeServices
Services
Brand1 record
1The Windham Center for Psychiatric Care
Description

A comprehensive program of inpatient mental health services offered at The Windham Center in Bellows Falls, VT, operated as part of Springfield Hospital.

springfieldhospital.org
Core offering1 text field

Springfield Hospital is a not-for-profit critical access hospital that delivers inpatient and outpatient medical care, 24-hour emergency services, adult day care, diagnostic imaging (including DaTscan for movement disorders), and a network of specialty practices (ENT, orthopaedics, general surgery, podiatry, gynecology, urology). It also operates The Windham Center for inpatient mental health services and partners with North Star Health (FQHC) for primary and specialty care access.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Springfield Hospital is a not-for-profit, critical access hospital system in Springfield, VT, operating as a unified healthcare services platform. The core offering is Springfield Hospital itself, providing inpatient, outpatient, and 24-hour emergency care. This is supplemented by affiliated services including The Windham Center for inpatient mental health services, and a partnership with North Star Health (FQHC) for primary care and specialty services. Patient-facing digital services include two portal options: the MyCareCorner Patient Portal for hospital services and the Follow My Health portal for specialty practices. Additional service modules include diagnostic imaging (including DaTscan for movement disorders), Adult Day Services, Community Health and Wellness Programs (including CHNA assessments and support groups), and Financial Assistance Programs (sliding fee schedules and prompt pay discounts). The portfolio is organized as a facility-centered model with affiliated and supporting service offerings rather than a modular software platform.

Product and service15 records
1Springfield Hospital (Inpatient and Outpatient Services)
CategoryHospital Services
Description

Core hospital services providing 24-hour emergency care, inpatient care, outpatient care, laboratory services, and diagnostic imaging for residents of Windsor, Windham, and portions of Bennington counties in Vermont, and parts of Sullivan and Cheshire counties in New Hampshire.

2The Windham Center for Psychiatric Care
CategoryMental Health Services
Description

A comprehensive program of inpatient mental health services offered at a facility in Bellows Falls, VT, affiliated with and operated as part of Springfield Hospital's service offerings.

3Connecticut Valley Ear, Nose and Throat
4Connecticut Valley Orthopaedics and Sports Medicine
5General Surgery (Surgical Associates)
6Springfield Podiatry
7Springfield Gynecology
8Springfield Urology
9DaTscan Imaging Services
CategoryDiagnostic Imaging
Description

Diagnostic imaging service using DaTscan to help physicians evaluate patients with suspected movement disorders, including Parkinson's disease and Lewy body dementia.

10Adult Day Services
11Community Health and Wellness Programs
12Financial Assistance Programs
13Springfield Hospital Patient Portal (MyCareCorner)
14Specialty Practices Patient Portal (Follow My Health)
15North Star Health (FQHC Collaborative Services)
Scale indicator2 records

Each record includes

Type, Value, Description, Source

Partnership4 partners
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Federally Qualified Health Center (FQHC) collaboration providing coordinated care including primary and pediatric care, dental, behavioral health, eye care, lifestyle medicine, Walk-In Care, care coordination, nutrition counseling, diabetes education, Community Health Team and wellness programs. North Star Health also operates as a resource for medical records (formerly Springfield Medical Care Systems).

Strategic tierCoreTypeImplementation/ SI/ Consulting Partner
Description

Assists patients with enrollment for Vermont Health Connect or NH Insurance Marketplace. Provides personal, confidential appointments to help patients understand and navigate insurance options. Contact: 802-885-1616.

3The Windham Center for Psychiatric Care
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Comprehensive inpatient mental health services located in Bellows Falls, VT, operated as part of Springfield Hospital's service offerings.

springfieldhospital.org
Strategic tierMinorTypeOthers
Description

Community partnership supporting regional economic development and quality of life initiatives for Springfield, VT area.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Critical access hospital in Claremont, NH, serving Sullivan County—an area Springfield Hospital also reaches. Comparable as a non-profit CAH serving the same VT/NH border region.

TypeDirect peer
Description

Community hospital in Brattleboro, VT, providing inpatient, outpatient, and emergency services to a similar rural southern-Vermont population. Comparable scale, mission, and service mix.

TypeDirect peer
Description

Small critical access hospital in Townshend, VT, providing primary care, inpatient, and emergency services to a rural community. Comparable as a similarly scaled non-profit rural VT hospital.

TypeDirect peer
Description

Critical access hospital in Newport, VT (Orleans County) providing similar inpatient, outpatient, and emergency services to a rural Vermont community. Comparable scale and CAH economics.

TypeDirect peer
Description

Non-profit community hospital in Morrisville, VT (Lamoille County) operating as a critical access-style facility serving rural northern Vermont. Comparable as a small non-profit rural hospital with similar service breadth.

TypeBroad incumbent
Description

Academic medical center and broader health system based in Lebanon, NH, that operates several critical access hospitals across VT/NH including Mt. Ascutney. A regional incumbent that competes for specialty referrals and ambulatory expansion in Springfield's service area.

TypeDirect peer
Description

Critical access hospital in Randolph, VT, offering comparable rural inpatient, outpatient, and emergency services. Highly comparable as a non-profit CAH operating in central Vermont with similar community-hospital scale.

TypeBroad incumbent
Description

Largest academic health system in Vermont, operating multiple hospitals across the state. Comparable as a regional incumbent that increasingly competes with community hospitals for specialty and ambulatory patients in rural markets.

TypeDirect peer
Description

Critical access hospital in St. Johnsbury, VT, serving rural Caledonia County and adjacent regions. Comparable as a non-profit rural VT hospital with similar service portfolio and population health challenges.

TypeDirect peer
Description

Critical access hospital in Windsor, VT, also part of the Dartmouth Health system. Directly comparable as a rural VT non-profit CAH providing similar inpatient, outpatient, and emergency services in an adjacent county.

Market position
Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers2 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

Integration2 records

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Springfield Hospital

Critical Access Hospital Servicesspringfieldhospital.org

Springfield Hospital firmographics

Firmographics
Name
Springfield Hospital
Legal name
Springfield Hospital
Website
https://springfieldhospital.org
Company type
Private
Founded year
1915
Operating status
Operating
Headcount range
101–250 employees
Ownership category
akta.pro rank

Springfield Hospital industry classification

Industry
Product category
Critical Access Hospital Services
NAICS
General Medical and Surgical Hospitals (6221), Psychiatric and Substance Abuse Hospitals (62221), Specialty (except Psychiatric and Substance Abuse) Hospitals (622310)
SIC
Services-Hospitals (8060), Services-General Medical & Surgical Hospitals, Nec (8062), Services-Offices & Clinics Of Doctors Of Medicine (8011)
akta.pro primary industry
Inpatient Psychiatric Hospitals (HLAFAHAH)
akta.pro secondary industries
Hospital-Operated Urgent Care Centers (HLAFADAC), Inpatient Psychiatric Hospitals & Units (HLAFACAB)

Keywords

  • Critical access hospital
  • Inpatient outpatient care
  • Emergency medical services
  • Adult day services
  • Rural healthcare services

Where Springfield Hospital is headquartered

Location

Headquarters

HQ city
Springfield
HQ country
United States
HQ region
North America

Offices3 records

Markets served

Springfield Hospital business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

  1. Patient Care Services: Core revenue from inpatient and outpatient medical services including 24-hour emergency care, diagnostic imaging (DaTscan), and specialty care services
  2. Adult Day Care Services: Adult day service fees with financial assistance and sliding fee schedule options
  3. Specialty Practices: Revenue from affiliated specialty practices including Connecticut Valley Ear, Nose and Throat, Connecticut Valley Orthopaedics & Sports Medicine, General Surgery, Springfield Podiatry, Springfield Gynecology, and Springfield Urology
  4. Mental Health Services: Inpatient mental health services offered at The Windham Center for Psychiatric Care in Bellows Falls, VT
  5. Donations and Fundraising: Charitable donations through giving campaigns (2025-2026 campaign spanning October 1, 2025 to September 30, 2026), planned giving, and fundraising events

Pricing tiers

ModelBillingPrice
SubscriptionMonthlyStandard Insurance Billing
Unit PricingPay-as-you-goPrompt Pay Discount - Uninsured
OtherOtherFinancial Assistance Program
Unit PricingMonthlyAdult Day Service - Sliding Fee Scale

Distribution channels4 records

Marketing channels5 records

Springfield Hospital product offering

Product offering

Core offering

Springfield Hospital is a not-for-profit critical access hospital that delivers inpatient and outpatient medical care, 24-hour emergency services, adult day care, diagnostic imaging (including DaTscan for movement disorders), and a network of specialty practices (ENT, orthopaedics, general surgery, podiatry, gynecology, urology). It also operates The Windham Center for inpatient mental health services and partners with North Star Health (FQHC) for primary and specialty care access.

Product overview

Springfield Hospital is a not-for-profit, critical access hospital system in Springfield, VT, operating as a unified healthcare services platform. The core offering is Springfield Hospital itself, providing inpatient, outpatient, and 24-hour emergency care. This is supplemented by affiliated services including The Windham Center for inpatient mental health services, and a partnership with North Star Health (FQHC) for primary care and specialty services. Patient-facing digital services include two portal options: the MyCareCorner Patient Portal for hospital services and the Follow My Health portal for specialty practices. Additional service modules include diagnostic imaging (including DaTscan for movement disorders), Adult Day Services, Community Health and Wellness Programs (including CHNA assessments and support groups), and Financial Assistance Programs (sliding fee schedules and prompt pay discounts). The portfolio is organized as a facility-centered model with affiliated and supporting service offerings rather than a modular software platform.

Differentiator

Problem solved

Functional benefit

Brands

  • The Windham Center for Psychiatric Care: A comprehensive program of inpatient mental health services offered at The Windham Center in Bellows Falls, VT, operated as part of Springfield Hospital.

Products and services

  • Springfield Hospital (Inpatient and Outpatient Services) Core hospital services providing 24-hour emergency care, inpatient care, outpatient care, laboratory services, and diagnostic imaging for residents of Windsor, Windham, and portions of Bennington counties in Vermont, and parts of Sullivan and Cheshire counties in New Hampshire.
  • The Windham Center for Psychiatric Care A comprehensive program of inpatient mental health services offered at a facility in Bellows Falls, VT, affiliated with and operated as part of Springfield Hospital's service offerings.
  • Connecticut Valley Ear, Nose and Throat
  • Connecticut Valley Orthopaedics and Sports Medicine
  • General Surgery (Surgical Associates)
  • Springfield Podiatry
  • Springfield Gynecology
  • Springfield Urology
  • DaTscan Imaging Services Diagnostic imaging service using DaTscan to help physicians evaluate patients with suspected movement disorders, including Parkinson's disease and Lewy body dementia.
  • Adult Day Services
  • Community Health and Wellness Programs
  • Financial Assistance Programs
  • Springfield Hospital Patient Portal (MyCareCorner)
  • Specialty Practices Patient Portal (Follow My Health)
  • North Star Health (FQHC Collaborative Services)

Companies that use Springfield Hospital

Customer profile

Named customers2 records

Segments3 records

Ideal customer profiles4 records

Springfield Hospital technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration2 records

Springfield Hospital partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core and minor.

  • North Star HealthcoreStrategic or Co-development PartnerFederally Qualified Health Center (FQHC) collaboration providing coordinated care including primary and pediatric care, dental, behavioral health, eye care, lifestyle medicine, Walk-In Care, care coordination, nutrition counseling, diabetes education, Community Health Team and wellness programs. North Star Health also operates as a resource for medical records (formerly Springfield Medical Care Systems).
  • Valley Health ConnectionscoreImplementation/ SI/ Consulting PartnerAssists patients with enrollment for Vermont Health Connect or NH Insurance Marketplace. Provides personal, confidential appointments to help patients understand and navigate insurance options. Contact: 802-885-1616.
  • The Windham Center for Psychiatric CarecoreStrategic or Co-development PartnerComprehensive inpatient mental health services located in Bellows Falls, VT, operated as part of Springfield Hospital's service offerings.
  • Springfield Regional Chamber of CommerceminorOthersCommunity partnership supporting regional economic development and quality of life initiatives for Springfield, VT area.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Springfield Hospital competitors and assessment

Company assessment

Direct peers

  • Valley Regional Hospital: Critical access hospital in Claremont, NH, serving Sullivan County—an area Springfield Hospital also reaches. Comparable as a non-profit CAH serving the same VT/NH border region.
  • Brattleboro Memorial Hospital: Community hospital in Brattleboro, VT, providing inpatient, outpatient, and emergency services to a similar rural southern-Vermont population. Comparable scale, mission, and service mix.
  • Grace Cottage Hospital: Small critical access hospital in Townshend, VT, providing primary care, inpatient, and emergency services to a rural community. Comparable as a similarly scaled non-profit rural VT hospital.
  • North Country Hospital: Critical access hospital in Newport, VT (Orleans County) providing similar inpatient, outpatient, and emergency services to a rural Vermont community. Comparable scale and CAH economics.
  • Copley Hospital: Non-profit community hospital in Morrisville, VT (Lamoille County) operating as a critical access-style facility serving rural northern Vermont. Comparable as a small non-profit rural hospital with similar service breadth.
  • Gifford Medical Center: Critical access hospital in Randolph, VT, offering comparable rural inpatient, outpatient, and emergency services. Highly comparable as a non-profit CAH operating in central Vermont with similar community-hospital scale.
  • Northeastern Vermont Regional Hospital: Critical access hospital in St. Johnsbury, VT, serving rural Caledonia County and adjacent regions. Comparable as a non-profit rural VT hospital with similar service portfolio and population health challenges.
  • Mt. Ascutney Hospital and Health Center: Critical access hospital in Windsor, VT, also part of the Dartmouth Health system. Directly comparable as a rural VT non-profit CAH providing similar inpatient, outpatient, and emergency services in an adjacent county.

Broad incumbents

  • Dartmouth Health (Dartmouth-Hitchcock Medical Center): Academic medical center and broader health system based in Lebanon, NH, that operates several critical access hospitals across VT/NH including Mt. Ascutney. A regional incumbent that competes for specialty referrals and ambulatory expansion in Springfield's service area.
  • University of Vermont Health Network: Largest academic health system in Vermont, operating multiple hospitals across the state. Comparable as a regional incumbent that increasingly competes with community hospitals for specialty and ambulatory patients in rural markets.

Market position

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Springfield Hospital social profiles

Digital presence

Springfield Hospital financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Springfield Hospital leadership team

Management profile

Number of profiles

Profiles1 record

Springfield Hospital subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Springfield Hospital funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Springfield Hospital M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Springfield Hospital

What does Springfield Hospital do?

Springfield Hospital is a not-for-profit critical access hospital that delivers inpatient and outpatient medical care, 24-hour emergency services, adult day care, diagnostic imaging (including DaTscan for movement disorders), and a network of specialty practices (ENT, orthopaedics, general surgery, podiatry, gynecology, urology). It also operates The Windham Center for inpatient mental health services and partners with North Star Health (FQHC) for primary and specialty care access.

Is Springfield Hospital a public or private company?

Springfield Hospital is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was Springfield Hospital founded?

Springfield Hospital was founded in 1915. It employs 101 to 250 people.

Where is Springfield Hospital based?

Springfield Hospital is headquartered in Springfield, United States, in the North America region.

How does Springfield Hospital make money?

Five revenue lines are on record. Patient Care Services are the primary driver. The others are adult Day Care Services, specialty Practices, mental Health Services and donations and Fundraising.

Who are Springfield Hospital's main competitors?

Direct peers on record are Valley Regional Hospital, Brattleboro Memorial Hospital, Grace Cottage Hospital, North Country Hospital, Copley Hospital, Gifford Medical Center, Northeastern Vermont Regional Hospital and Mt. Ascutney Hospital and Health Center. Broad incumbents are Dartmouth Health (Dartmouth-Hitchcock Medical Center) and University of Vermont Health Network.

Does Springfield Hospital have an API?

No public API is recorded for Springfield Hospital.

What industry is Springfield Hospital in?

Springfield Hospital's product category is Critical Access Hospital Services. Its primary akta.pro industry code is HLAFAHAH, Inpatient Psychiatric Hospitals, with a secondary code of HLAFADAC, Hospital-Operated Urgent Care Centers. Its NAICS code is 6221 and its SIC code is 8060.

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Live signals
The Philadelphia InquirerThe sale of the shuttered Springfield Hospital to local investors has been completedLocal investors in KQT Aikens Partners 2 completed their purchase of the former Springfield Hospital for $1 million from Prospect Medical Holdings Inc.'s bankruptcy estate, marking the final sale of four former Crozer Health hospitals. The buyer group, led by Todd Strine of Keystone Quality Transport, plans to restore medical services to the facility, which stopped operating as an acute-care hospital in February 2022. The property carries a deed restriction requiring 24-7 emergency services, though this could potentially be revisited in the future.The Philadelphia InquirerProspect gets OK to ‘abandon’ Crozer-Chester Medical Center and Springfield Hospital if sales don’t go throughBankrupt Prospect Medical Holdings held an auction for two shuttered Delaware County hospitals, receiving a $7 million bid for Crozer-Chester Medical Center and a $3 million bid for Springfield Hospital, though the winning bidders were not publicly identified. U.S. Bankruptcy Judge Stacey Jernigan approved Prospect's plan to 'abandon' both hospitals if the sales fail to close promptly, as the properties have become a financial burden to the bankruptcy estate. Complications include a deed restriction on Springfield requiring an emergency department and tax assessment disputes with local authorities, which have delayed the sale process.GlobeNewswireCenturion Service Group to auction all assets following the closure of Crozer-Chester Medical Center in Upland, PA; Taylor Hospital in Ridley Park, PA; and Springfield Hospital in Springfield, PACenturion Service Group was selected to auction all medical and non-medical assets from Crozer-Chester Medical Center, Taylor Hospital, and Springfield Hospital. The timed online auctions are scheduled for June 17 and July 1-2, with a large inventory including radiology equipment and surgical instruments.OvationhcPartnering with Distressed Hospitals: Three Case Studies of TurnaroundsOvation Healthcare promotes its turnaround services for financially distressed hospitals, citing Springfield Hospital in Vermont, Abbeville Area Medical Center in South Carolina and Sierra Vista Hospital in Arizona. The company reports Sierra Vista's FY22 operating loss improved to $500,000 from over $1.6 million in FY21, with days cash on hand rising from five to 150+.