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Officials: LSCC is financially sound

Published on June 1, 2016 under CommunityImpact

After a massive restructuring in 2014 following funding shortfalls resulting from failed strategic gambles, health care provider Lone Star Circle of Care has reversed course to become financially stable, CEO Rhonda Mundhenk said. “From 2014 to 2015 we have managed to mount an incredible recovery by any stretch of the imagination and by any of the financial indicators,” she said. “Those really tell the story far better than anything else.” The Georgetown-based nonprofit had laid off 185 employees and cut back on some services; however, Mundhenk said since focusing on its core mission the health care provider has been able […]

The post Officials: LSCC is financially sound appeared first on Community Impact Newspaper.

Source: Community Impact- Round Rock