|

A drop in out-patient volume
over the summer months of June
and July resulted in the Bamberg
County Memorial Hospital
experiencing two back-to-back
months of down profitability;
hospital Administrator Carl Menist
informed board members at their
August meeting.
“A significant part of our
business is the out-patient work we
do,” Menist said. “The dip in our
out-patient revenue clearly is the
one reason we were a little below
break even.”
Because of the drop in outpatient
volume in June, the
hospital recorded a net loss of
$12,942 in June compared to a
profit of just under $70,000 in
May. The facility enters August
showing a $567,885 profit
compared to a budget of $405,000,
which leaves the hospital
approximately $162,000 under
budget. Last year at the end of July
the hospital had a profit of
$454,000.
In June the hospital’s daily
census was down 30 percent with
303 patient days for the month of
June compared to 438 in May, for
an average daily census of 10.10
as compared to 14.13 in May. All ancillary procedures in radiology
and the laboratory were down only
approximately 9 to 10 percent
compare to the 30 percent decrease
in census in June. The facility
performed 322 surgeries in June
compared to 259 surgeries in May.
“Wewere fortunate to sustain
such a significant drop in our
census; we’re still just below break
even. The thing that helped there
was the surgeries, we had a very
good month in the O-R (operating
room).”
The hospital recorded net
revenues of $1,656,000 in June
compared to $1,719,000 in May.
Expenses were $1,670,000 in May
compared to $1,650,000 in June.
Year-to-date the hospital is
showing a profit of $607,000.
Menist said that he was not
overly concerned about the two
months of down profitability for
the hospital citing historical down
trends for health care facilities
during the summer months.
“I don’t think you guys
should be overly concerned about
it,” Menist said. “Historically in
health care in general in the
summer business drops. Patients
go on vacation, more importantly
doctors go on vacation. When
they’re not there we’re unable to
get patients and generate revenue.”
In other business:
. The hospital administrator
informed board members the OBGYN Clinic
has been approved for
opening. A specific date for the
clinic’s opening has not been set
but September 7, has been set as
the target date. “They’ve been
anxious to get in,” Menist said of
the staff of the facility. Noting “we
still have some work to do
outside.”
. The hospital’s finance
committee reported no new
expenditures were approved by the
committee, and some that were
already approved will be funded in
the new fiscal and capital
expenditure budgets that should be
approved by the next meeting. |