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Stillwater Medical reports first annual operating profit in years; minor additions to operations unit underway
Summary
Courtney, CEO of Stillwater Medical, told the Perry City Council the hospital closed the prior year with an operating profit and gave a construction update on a phased operations unit and observation beds.
Courtney, identified as CEO of Stillwater Medical, told the council the hospital closed calendar 2024 with a positive bottom line — about $60,000 — reversing a prior-year loss. Courtney said that shift reflected operational changes including work by the REH program.
Courtney also gave a facility update. She said phase 1 of the remodel is mostly demoed and that plumbing for the new operations unit is largely complete. The planned observation unit will include two observation beds and additional sleep rooms for physicians and staff that could be converted to patient rooms if needed.
Council members asked for clarification on the observation unit’s capacity and entrance changes. Courtney said the entrance will remain the same through phase 1 and that a new entrance will be announced as the project moves into phase 2.
No formal action or vote was associated with the hospital update; the presentation was recorded as an informational report to the council.
