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Finance team moves financial statements to informational; presents plan to cut $6.2 million in expenses

2979564 · March 28, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Staff presented February statistics and financial statements as informational while they continue data validation after Cerner conversion, and outlined a pathway to reduce about $6.2 million through hiring pauses, contract‑labor reductions and contract service eliminations.

Hospital finance staff presented February financial statistics and moved financial statements from approval to informational status while the team completes reconciliations following an electronic health record conversion. The board heard operational metrics, including an average daily census of 46.4 for February compared with a budget of 31, and clinic visit volumes, and discussed variances in net patient revenue and expenses.

Keith Perrin presented high‑level February results and said staff want the statements to be informational rather than formally…

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