Three Rivers Health Achieves 50% Revenue Growth

$4,400

daily revenue increase

$20M

projected revenue

92 days

cash on hand

"We learned that before we could fully care for our community, we needed to strengthen our own foundations. That shift allowed us to focus on what matters most: understanding the people we serve and how to meet their needs."

Joel Jackson

The background

For rural healthcare organizations, financial success rarely comes from raising prices or cutting services. Sustainable growth requires a deeper understanding of the people, patients, and communities they serve. 

That philosophy has supported the remarkable financial transformation of Three Rivers Health since 2023. By combining disciplined financial management, revenue cycle optimization, strategic service expansion, and a commitment to understanding patient needs, the organization has strengthened its financial position while increasing access to care and investing in its future. 

Working alongside TruBridge, Three Rivers Health improved revenue cycle performance, expanded key community-focused services, and created a stronger financial foundation that is supporting long-term facility modernization and continued growth.  

The challenge 

Like many rural healthcare providers, Three Rivers Health faced significant pressure to maintain financial stability while preserving access to care for the communities that depend on it. Limited resources, operational constraints, and increasing healthcare costs required a careful balance between fiscal responsibility and community service.  In the areas surrounding Basin, Wyoming, Three Rivers Health serves a small, aging rural community where lower household incomes, healthcare costs, and travel distances make affordable care close to home especially important. 

Leadership recognized that financial sustainability was not simply about improving collections or reducing expenses. It required building a comprehensive strategy centered on operational discipline, service growth, and a deeper understanding of the population they serve.  

The strategy

Many organizations view revenue cycle performance as a back-office function. Three Rivers Health takes a different approach.

“We learned that before we could fully care for our community, we needed to strengthen our own foundations. That shift allowed us to focus on what matters most: understanding the people we serve and how to meet their needs.”

According to leadership, successful revenue cycle management begins long before a claim is submitted.

“Reorienting around your purpose is challenging, but it changes everything. The revenue cycle starts with understanding your community. When you truly know the people you serve, better outcomes follow for both patients and the organization.”

This patient- and community-centered philosophy influenced decisions across the organization, from service expansion and access initiatives to financial operations and long-term planning. By aligning services with community needs, Three Rivers Health was able to drive growth without relying heavily on staffing increases or significant price hikes.

Examples of community-focused investments included:

  • Mobile MRI services
  • Expanded ultrasound services
  • Home nursing programs
  • Increased patient access initiatives

The home nursing program alone surpassed 2,000 visits last fiscal year and is expected to reach 2,500 visits this year, demonstrating growing demand for accessible community-based care.

The results

Since May 2023, Three Rivers Health has achieved significant financial gains while maintaining affordability and expanding services. Organization leaders attribute this success to disciplined financial management, operational efficiency, and strong community relationships.  

Financial Performance Highlights 

By the Numbers 

$4,400 Improvement Every Day 

  • Bottom-line improvement averaging approximately $4,400 per day since May 2023.  

45-50% Revenue Growth 

  • Gross revenue is projected to increase 50% over four years. While staffing cost only increased 8% 

$20M+ Annual Revenue 

  • Projected fiscal-year 2027 gross revenue exceeding $20 million.  

92 Days Cash on Hand 

  • Strong liquidity position supporting future investments. 

Only 8% Staffing Growth 

  • Achieved substantial revenue growth while limiting staffing increases.  

Controlled Pricing 

  • Total price increases of only 12.5% over five years while navigating significant inflationary pressures. 

Revenue growth without raising costs

One of the most compelling aspects of the Three Rivers Health story is how growth was achieved. 

Rather than relying primarily on price increases, the organization focused on operational improvements and expanding services that directly addressed community needs. The result was approximately 12.5% annual growth across inpatient and outpatient services despite a relatively flat population base. 

This demonstrates an important lesson for rural healthcare leaders: 

When organizations understand patient needs and invest in accessible, relevant services, financial growth can follow naturally.  

The organization’s revenue cycle improvements further strengthened financial performance, contributing to excellent accounts receivable performance and maintaining only 26% of AR aging beyond 90 days, a strong outcome for a combined hospital and clinic operation.  

Investing financial success back into the community

For Three Rivers Health, financial performance is not the final objective. It is the foundation that makes continued community investment possible. 

Recent financial gains are helping fund a multi-phase modernization initiative designed to support healthcare delivery for decades to come. Planned investments include: 

  • Replacing aging facilities dating back to 1956 and 1972 
  • Improving patient access and operational flow to create a healthcare campus designed for the next 30 years 
  • Establishing a community foundation to strengthen local engagement and support future initiatives  

Creating a foundation to build on 

At Three Rivers Health, TruBridge helped build a stronger financial foundation through revenue cycle optimization that drove measurable operational and financial improvements. The resulting gains assisted in enabling the organization to expand patient services, strengthen sustainability, and create new opportunities for continued investment in the community it serves. 

Key takeaway

Three Rivers Health demonstrates that rural healthcare success isn’t simply about managing revenue. It is about understanding patients, responding to community needs, and building the financial discipline necessary to sustain local care for the long term. 

When revenue cycle performance is aligned with community stewardship, organizations can achieve stronger financial outcomes while delivering greater value to the people they serve. 

Client

Three Rivers Health

Outcomes

  • $4,400 Improvement Every Day 
  • 45-50% Revenue Growth 
  • $20M+ Annual Revenue 
  • 92 Days Cash on Hand 
  • Only 8% Staffing Growth 
  • Controlled Pricing 

Solution Utilized

  • Extended Business Office (EBO)
  • Complete Business Office (CBO)

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