Hospital back in black for month
Published:
Claiborne Progress
Wednesday,
April 28, 2010
The
Claiborne County Hospital Board of Directors met in regular session on
Tuesday, April 20, at 6 p.m. in the hospital conference room. Tracee
McFarland, CFO, reported combined net income of $19,827 for the Hospital and
its related entities, which represents the first month “in the black” for
Fiscal Year 2010. Improved volumes and continued control of expenses were
mentioned by McFarland as factors in March’s favorable results. Both net
revenues and expenses improved over March 2009.
McFarland recommended the establishment of a new savings account to hold the
2010 bond proceeds obtained for completion of the Medical Office
Building. This account
would facilitate reporting and transparent accountability for uses of the
funds. After discussion, the board voted to request bids from interested
parties for this account.
Administrator Tim Brown reported to the Board on recent organizational
successes. First, the EMS and Nursing Home
departments were recently inspected by state officials, and both achieved
positive results. Brown congratulated the respective staff of
EMS
and the Nursing Home for this outstanding achievement.
Second, Claiborne County Hospital
has signed an agreement with
Lincoln
Memorial
University’s DeBusk College of Osteopathic
Medicine to serve as a training site for medical students, with student
rotations in the Hospital’s Emergency and Surgery departments beginning May
31, 2010.
Brown announced that May 9-15 is National Hospital Week, with a variety of
events planned at Claiborne
County
Hospital
for the hospital staff and the community.