Wednesday, August 27, 2014
Search By Keyword
Enterprise Alerts
Email Alerts
Email Address
Text Alerts
Mobile Number
 )  - 
Mobile Provider
standard messaging rates apply
Current Conditions
Claxton, GA
Radar & More >>
EMH cuts monthly losses

EMH cuts monthly losses
Hospital renegotiates service contracts

By Sarah Tarr
Enterprise Editor

Evans Memorial Hospital saw a loss of $161,491 for July, slightly lower than in recent months. Inpatient admissions were down, but outpatient revenue was up as a result of increased referrals to the imaging department in July.
“Even though a loss, it’s still better than it has been. Cash flow wise we probably lost $100,000 in July, but year-to-date we’ve been losing about $200,000 a month so we did cut that in half,” said chief financial officer John Wiggins during Monday’s monthly hospital board meeting.
The hospital continues to cut expenses in an effort to minimize revenue losses. “Operating expenses overall for the month were good. We were under budget in every area - the biggest variance was in salaries and benefits,” Wiggins said. Salaries and benefits were under budget by approximately $70,000.

For more on the story, subscribe today by calling (912)739-2132

 or by going to the home page and click on Subscribe.

Social Media  
Account Login  

  need help?  
click ad below for details
  • Show All Ads