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Board Meeting April 2010

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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.