by Brianne Eilers
The month of November ended on a fairly positive note for Veterans Memorial Hospital (VMH) in Waukon. VMH Administrator Mike Myers noted that the hospital will show a $52 loss for the month of November. He also noted that the revenue areas for the hospital have been changing.
“Seventy percent of our revenue is not outpatient,” Myers said. “I think when I came here twenty years ago, outpatient was forty percent at the most, maybe mid-thirties.”
Inpatient revenue was down 15% percent, while outpatient was up seven percent. Gross patient revenue was up 1.1% and total expenses were down 2.6%. Myers also noted that all outpatient areas, other than Emergency Room (ER) visits, were up, and MRIs were down slightly. Deliveries are down. Myers noted that budgeting for the upcoming year will be a challenge due to the fact that there are changes in the physicians and providers.