Thursday, July 28, 2011

SMITHMIER IN PANIC: HIS EMPIRE IN ITS DEATH-THROES

As a recent poster has alluded, Decatur Memorial Hospital has recently been given a NEGATIVE RATING by Moody's credit rating service. This is the summary from their most recent article on DMH:

SUMMARY RATING RATIONALE

Affirmation of the A2 rating is based on DMH's strong balance sheet, which is characterized by ample cash and moderate debt levels. The A2 rating also incorporates DMH's leading market position, which should be maintained despite recent gains by its main competitor, St. Mary's Hospital, a member of Aa3 rated Hospital Sisters Services. The revision of the outlook to negative from stable is based on DMH's downturn in operating performance that mainly reflects losses in cardiology volumes to St. Mary's. DMH's recent operating losses began in fiscal year (FY) 2010 and are projected to continue through FY 2011 (which ends September 30, 2011). Should this trend continue through FY 2012, DMH's credit rating would likely be affected.


Now we know why DMH administration began their new fraud strategy (Blatant Fraud Continues At The Direction of DMH Administration) in May. New sources say that as of August 1, Prairie Cardiovascular Consultants will no longer be allowed on DMH's campus. Why? I think the answer is clear. Ken has been mismanaging his hospital, paying his doctors (and himself!) way too much money, and now Moody's has given them a negative outlook rating. So, Ken is going to attempt to steal as many of Prairie Cardiovascular's patients as he can and force them to use his employed 'cardiologists' at his hospital.

DMH Board, do you see what you have allowed to happen?

DMH Board, are you REALLY willing to risk peoples' lives by preventing DMH patients from seeing their own competent cardiologists at Prairie?

DMH Board, are you REALLY willing to go to jail with your administrators when the FBI makes their move? You can't really think the federal government is just going to stand by while this crime is committed, do you?

If you won't act, then it's time the citizens of Decatur do so...


NOW IS THE TIME TO CALL FOR A BOYCOTT OF DECATUR MEMORIAL HOSPITAL!!