Bay County Medical Care Facility reports financial turnaround, adds on-site dialysis; operating census 116 of 161 beds
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Summary
Facility leaders told the Board of Commissioners construction is complete, on-site dialysis is operating, and rightsizing and other changes produced stronger finances; the facility currently operates with 116 of 161 licensed beds and projects annual savings from staffing changes.
Kyle Weidman, administrator and CEO of Bay County Medical Care Facility, told the Bay County Board of Commissioners on July 15 that the 161-bed skilled-nursing facility has completed a modernization project, opened an on-site dialysis unit and improved financial performance.
Weidman said the facility is licensed for 161 beds but is currently operating 116 beds while one unit remains closed as part of a non-use bed plan. He said leaders completed construction begun after Weidman joined in December 2022, adding private suites, bariatric suites, a new dialysis den and upgraded common areas.
CFO Jackie McCarthy summarized the facility’s 2024 financials: operating revenues near $17,000,000, net assets around $47,000,000 at year-end, and a net increase in net position of about $6,500,000 for the year. She told commissioners the construction was paid for without new debt and that working capital stood around $8,700,000 through May 2025; she also said managers projected revenue increases and expense reductions in 2025 without borrowing.
Weidman said rightsizing the staffing structure in 2024 was driven by financial realities and census trends; the facility projects about $4,700,000 in annual savings from those changes and has no further reductions planned. He stressed the focus is on retention and service-quality improvements and said the facility has maintained a five-star staffing rating from the Centers for Medicare & Medicaid Services.
The dialysis unit, operated in partnership with Heritage Dialysis, allows some residents to receive dialysis on-site, reducing transportation and improving continuity of care; Weidman said it has already served as a training site for dialysis staff. Commissioners and other officials praised the facility’s improvements and management of staff reductions; Weidman said many displaced staff reported finding other jobs in the long-term-care market.
Commissioners accepted the presentation by motion; the board voted in favor and the motion carried.