Becker’s Healthcare Podcast

Robert Chestnut, SVP & CFO, LMH Health

Dec 1, 2025
Robert Chestnut, SVP and CFO of LMH Health, dives into the intersection of finance and technology in healthcare. He discusses how AI is revolutionizing provider documentation and revenue-cycle management, boosting efficiency and accuracy. Chestnut also highlights the competitive pressures faced by LMH Health and the need for innovative workforce strategies, including tech-savvy roles. The importance of digital access for patients and the evolving expectations of younger physicians are also key takeaways from this insightful conversation.
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INSIGHT

Community-Centered Care Model

  • LMH Health is a 174-bed sole community hospital serving a 100,000-person university town and employs ~160 providers.
  • Robert Chestnut emphasizes local care continuity by partnering with KU Med for advanced diagnostics and returning treatment home.
INSIGHT

Competition Drives Efficiency

  • Increasing regional competition forced LMH to focus on efficiency across revenue cycle and physician enterprise.
  • Chestnut says reimbursement compression means doing more with less and learning from past mistakes.
INSIGHT

AI Levels The Playing Field

  • LMH is committed to AI for clinical documentation and automated coding, improving provider workflow and revenue cycle.
  • Chestnut views technology as leveling the playing field for smaller hospitals against large systems.
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