By Stephanie Johns
Staff Writer

Morgan Memorial Hospital (MMH) posted a net income of negative $99,080 in December. They had budgeted a net income of negative $24,298, exceeding that by $74,782.

Treasurer Paul Courchaine said they expected this dip because of the holidays.
Chief Financial Officer Courtney Moore agreed. “Nothing about this was too surprising,” she said.
She explained that the hospital will receive is indigent care trust fund (ICTF) reimbursements mid-February and that it has not yet received its electronic health records (EHR) funds.

In fiscal year 2012, the hospital received $151,000 in EHR funds as well as $126,000 in ICTF funds.
Their average daily census for December was 16. Their emergency department had a high of 815, though. The number for only one year earlier was 537.

Salaries and wages were over budget by $20,000 in December due to overtime and holiday pay.
Employee benefits were below budget. Moore said employee claims had come down.
Professional fees were overbudget by $31,000. This amount includes the last of their audit fees.
Supply costs were below budget by $28,000.

Purchased services were over budget by $13,000. Moore said this number fluctuates.

Printed in the February 7, 2013 edition