Published: Claiborne Progress

Wednesday, March 4, 2009

by Andrea Schneider

A Revenue Cycle Review was presented to the Claiborne County Hospital and Nursing Home Board at the March meeting. Hospital controller, Jessica Justice presented the review just after the hospital's financial report. Justice reported the findings of the review and informed the board of some changes that were going to be made in different areas in the hospital in hopes of improving the hospital's finances.

In her financial report, Justice reported the hospital and nursing home suffered a combined net loss for Feb. of $130,725 compared to a budgeted net income of $96,225. The reasoning for the continued loss appears to be a dramatic increase in the amount of health insurance claims from employees. As a result all entities show a substantial increase in the insurance expense for the month.

Justice reported the Hospital Inpatient Revenue for the month was significantly less than budget, but Nursing Home Revenues were $23,153 more than budget.

In other business, Dr. Richard Clark said he did not have a report form the medical staff because they are only meeting every other month, and did not meet this month.

The board discussed the hospital's inpatient rehab program. The board decided to grant permission to advertise for bids for the project.

Dan Colon was not present during the meeting due to his recent resignation as hospital administrator.

After hearing reports from Mayor Joe Duncan and the Baker Cancer Center the board went into executive session to discuss legal matters.  The executive session was for discussion only and after going back into regular session the meeting was adjouned.

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