by Brianne Eilers
The Veterans Memorial Hospital Board of Trustees met early this month (due to the holiday schedule) for a brief meeting December 17.
During the month of November, Veterans Memorial Hospital experienced slightly lower acute patient days, which were down 10.3%, and as a result, inpatient revenue came in lower than what was budgeted for by about $150,000, or 10.2%. Outpatient physical therapy numbers were down for the month by 13.5%. The hospital ended up with a net loss of $1,736 for the month. However, year to date, the hospital has a net income of $320,486, which translates to a 4.6% profit margin. The hospital also has $1,816,000 in cash reserves, which is down.