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Compared to the last
10 months of the fiscal
year ending July 31, 2008,
the Bamberg County
Hospital has seen an
approximately $2.9
million positive turn
around in its finances,
Interim CFO Carl Menist
informed board members
at their August meeting.
Menist attributes the
turnaround of the facilities
finances in part to
management of staffing,
employee benefits cost
savings and overall
expenditure savings of
$2.7 million. Year-to-date
the hospital shows a profit
of $538.000.
The combined
facilities (hospital and
nursing center) recorded a
“just above breakeven”
profit for the month of
July of $26,000. The
combined census for the
first 10 months for both
facilities was 96.75. The
amount of surgeries
performed at the hospital
was up three percent from
287 operations performed
in June to 295 in July with
the hospital performing
1,047 radiological
procedures during that
time.
Henry Stovall of
PHNS, President of
Stovall Management
Services, said, “The $2.8
million up-swing from a
year ago didn’t happen
because of management or
the board. It happened
because a whole bunch of
people dug in and said,
we’re not going to let the
hospital close. When you
look at ending the year $3
million dollars better than
you were a year before, it
deserves a high five or
some sort of celebration.”
Bamberg County
Hospital Board Chairman
Lou Ann Carter said that
it’s been a while since the
board heard such good
news. “I’m not sure when
we had so much positive
energy that Henry’s
(Stovall) has given us. It’s
just great we made such a
turnaround in the last year.
Spread the word to the
community, things are on
track, it’s not that we’re
surviving, we’re beginning to thrive.”
Also during the meeting:
In the finance committee
report committee Chairman Al
Palmer requested that the board
approved the purchase of an air
conditioning unit for the
Radiological area for $9,503. The
board also approved the
acceptance of two more bids for
cleaning equipment not to exceed
$19,250. With these last two
expenditures the board exceeded
its capital expenditure budget of
$100,000 by approximately
$5,000. “I don’t think there is
anything on the list that we
couldn’t have gotten by doing,”
Palmer said.
Interim CEO Roy Vinson
reported that the hospital was able
to get a third extension of its
Certificate of Need (CON) which
is good for six months. Vinson
noted that it is rare to get more
than two extensions. The interim
CEO noted that on August 2 the
nursing center was sold and that
on September 17 at midnight a
portable generator will be brought
in and the utilities will be
switched from combined to
separate utilities. Vinson reported
that the Center for Medicaid-
Medicare Services (CMS) Survey
K-Tags for the physical plant
passed with flying colors. The
facility is now waiting for the
survey on the clinical side which
improvements continue to be
made from a year ago. |