Reduced illnesses in community impact hospital

 


The May meeting of the Alva Hospital Authority revealed a net operating loss for April 2017 of $196,750. After sales tax help, the loss was reduced to $125,495.

Fewer admissions and fewer clinic visits came with improved weather and moving past the winter cold and flu seasons. The hospital revenue decreased by $389,269 and the nursing home revenue was down $17,783, but The Homestead increased by $4,828. Total clinic visits in April came in at 1,358 compared to 1,551 in March. The cash balance at the end of April was $278,643, which represented about eight days of operating expenses, excludi...



For access to this article please sign in or subscribe.

 

Reader Comments(0)

 
 

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2024

Rendered 03/28/2024 12:05